Inflation up again? NBP showed the latest forecasts

The National Bank of Poland's latest inflation report predicts an increase in inflation to 4.2% in 2027, following a decrease to 3.1% in 2026. This rise is attributed to higher global energy and agricultural commodity prices. The report also forecasts GDP growth of 3.6% in 2026 and 2.8% in both 2027 and 2028, indicating stable economic growth expectations despite updated inflation projections. The impact of rising commodity prices on domestic energy costs is expected to influence inflation trends, with a decrease anticipated in 2028.