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Inflation in Poland – January 2023. Prime Minister Mateusz Morawiecki comments on the preliminary data of the Central Statistical Office

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Inflation in January 2023 accelerated from December’s 16.6 to 17.2 percent year on year. – As I said in the past months, January and February may be months of inflation rebound – said Prime Minister Mateusz Morawiecki, commenting on the preliminary data of the Central Statistical Office. In his opinion, “from April, May, June inflation will be in a downward trend.”

From the preliminary data from the Central Statistical Office it follows that inflation in January 2023 was 17.2 percent year on year. For comparison, in December inflation was at 16.6 percent. Every year. The Prime Minister was asked about Wednesday’s data Mateusz Morawiecki.

Prime Minister Morawiecki on inflation in Poland

– As I said in the past months, January and February may be months of inflation rebound, slightly upwards. Why? Because last year we led to the implementation of anti-inflation packages, from which we had to partially withdraw at the request of the European Commission, so we suppressed inflation, for example, in February exactly a year ago. Inflation decreased compared to January last year, which means that inflation, which is always measured year on year, will rebound in February this year, it will be higher – explained the head of the government.

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“I’ve announced it before, and it’s happening,” he added.

PAP/Adam Ziemienowicz

Head of government on “good news”

Prime Minister Morawiecki emphasized that “the good news is that this inflation increase is lower than the market thought”. – This is also an indication of a certain macroeconomic trend – he assessed. Analysts had expected prices to rise by 17.6% in January. Every year.

The head of the government also spoke about the forecasts for the coming months. – Here, too, I am calm that from April, May, June – as I announced, as shown by the data of the National Bank of Poland – inflation will be in a downward trend and this is very important – said Mateusz Morawiecki.

Main photo source: PAP/Darek Delmanowicz



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