WARSAW: Economic growth will enable unemployment reduction, possibly temporarily below 9% in 2016.
Deflation has already bottomed out and CPI will be on the rise, but it rather won’t exceed 2% y/y in 2016, with the average reading for next year seen at 1.8%.
As for monetary policy developments, the reference rate is expected to remain on hold in 2015, but increase to 2% by end-2016.
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