Rates round-up: Poland holds rates despite high inflation

Serbia and Bulgaria raise rates as double-digit inflation plagues eastern Europe


Poland: The National Bank of Poland held its policy rate at 6.75% for the third consecutive meeting on December 7, despite persistent double-digit inflation.

The NBP raised its policy rate 11 times between October 2021 and September 2022, from a pandemic low of 0.1%.

In a statement, the NBP’s monetary policy committee noted that both the Polish and European economies were slowing. Headline inflation had fallen in the country to 17.4% in November, down from 17.9% the month before. The NBP

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account