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Polish central banker Kropiwnicki says jump in inflation not alarming
February 13, 2017 / 1:27 PM / 8 months ago

Polish central banker Kropiwnicki says jump in inflation not alarming

WARSAW (Reuters) - There is no reason to raise an alarm when it comes to Polish inflation which accelerated to 1.8 percent year-on-year in January, central bank policy maker Jerzy Kropiwnicki said on Monday, adding the pick-up may be a one-off phenomenon.

“The data (showing a rising trend in inflation) requires to be verified by subsequent data on inflation,” Kropiwnicki told Reuters.

“If the data regarding a rising trend in inflation is confirmed, the when taking a decision on interest rates I would also take into account data on GDP dynamics and unemployment,” he said.

Reporting by Pawel Sobczak; Writing by Marcin Goclowski; Editing by Marcin Goettig

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