Feb 15
Poland: Looks like another rate hike in February
The Polish Statistical Office has published consumer price inflation and wage growth numbers for inflation. Inflation accelerated further in January to 4.3% y/y – above our expectation of 4.2% y/y and the consensus expectation of 4.1% y/y. Wage growth also surprised on the upside, coming out at 11.5% y/y – well above our expectation of 9.7% y/y and the consensus expectation of 9.2% y/y.