WARSAW (Reuters) – Polish Prime Minister Mateusz Morawiecki is predicted to announce extra additions to the nation’s anti-inflationary bundle on Tuesday, authorities spokesperson Piotr Muller mentioned on Saturday.
The measures in the entire bundle might be prolonged if inflation continues to surge, Muller advised non-public radio RMF FM.
On Friday Morawiecki highlighted a beforehand introduced VAT tax lower on petrol.
The tax cuts are aimed toward countering the influence of surging inflation in Poland, which has reached a greater than two-decade excessive.
Poland’s central financial institution hiked its predominant rate of interest by 50 foundation factors to 2.25% on Tuesday and signalled there was extra tightening to come. Data on Friday confirmed the patron value index hit 8.6% in December.
(Reporting by Joanna Plucinska; Editing by Frances Kerry)