Central bank took too long to hike: Polish PM

Donald Tusk, Poland's prime minister, has criticised the country's central bank for failing to hike rates sooner to curb inflation.

"Interest rates should have been increased earlier than they were," Tusk told TVN, a broadcaster. Jacek Rostowski, the country's finance minister, has also criticised the central bank's policy decisions in recent weeks.

Annual CPI inflation surged to 4.4% in May from 4% the previous month. The measure has outpaced the central bank's 2.5% target since September 20