The sharp increases in the minimum wage proposed by Poland’s ruling Law and Justice party have grabbed the headlines and raised concerns about the inflation outlook. But we doubt these measures will push inflation up enough to prompt a shift on the MPC towards tightening. Indeed, the stimulus package unleashed by the ECB this week provided a reason for central banks across Central and Eastern Europe to look through above-target inflation.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services