Will prices rise sharply again? NBP President on the "decisive month" for inflation

Adam Glapiński, the president of NBP, noted that while inflation decreased in October, high raw material prices remain a concern due to the Middle East conflict. He emphasized that the situation is complex, with uncertainty surrounding future interest rate decisions. November is seen as a crucial month for determining the economic outlook, and the NBP is prepared to act if inflation risks increase. Glapiński highlighted the importance of global energy market conditions and domestic regulatory actions on future inflation rates. The NBP has decided not to change interest rates for now, but January remains uncertain.