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Poland's PM to announce anti-inflationary measures Tuesday, gov't spokesperson says

Saturday, January 8, 2022
Poland's PM to announce anti-inflationary measures Tuesday, gov't spokesperson says © Reuters. FILE PHOTO: Polish Prime Minister Mateusz Morawiecki visits Orlen Lietuva oil refinery in Mazeikiai, Lithuania, June 3, 2018. REUTERS/Ints Kalnins

WARSAW (Reuters) - Polish Prime Minister Mateusz Morawiecki is expected to announce more additions to the country's anti-inflationary package on Tuesday, government spokesperson Piotr Muller said on Saturday.

The measures in the whole package could be extended if inflation continues to surge, Muller told private radio RMF FM.

On Friday Morawiecki highlighted a previously announced VAT tax cut on petrol.

The tax cuts are aimed at countering the impact of surging inflation in Poland, which has reached a more than two-decade high.

Poland's central bank hiked its main interest rate by 50 basis points to 2.25% on Tuesday and signalled there was more tightening to come. Data on Friday showed the consumer price index hit 8.6% in December.

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28-01-2022 15:09:48 (UTC+7)

EUR/USD

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 EUR/USD1.1145Sell
 GBP/USD1.3388↑ Buy
 USD/JPY115.22↑ Sell
 AUD/USD0.6987↑ Buy
 USD/CAD1.2780↑ Sell
 EUR/JPY128.42↑ Sell
 EUR/CHF1.0376↑ Sell
 Gold1,787.00↑ Buy
 Silver22.395↑ Buy
 Copper4.3160↑ Buy
 Crude Oil WTI86.97↑ Buy
 Brent Oil88.64Sell
 Natural Gas4.662↑ Sell
 US Coffee C235.85↑ Sell
 Euro Stoxx 504,136.91↑ Buy
 S&P 5004,378.97↑ Buy
 DAX15,318.95Buy
 FTSE 1007,466.07Neutral
 Hang Seng23,550.08↑ Buy
 Small Cap 20001,930.40↑ Buy
 IBEX 358,609.80↑ Buy
 BASF68.510↑ Buy
 Bayer52.83↑ Buy
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 Adidas236.15↑ Buy
 Lufthansa6.791↑ Buy
 Siemens AG138.34↑ Buy
 Deutsche Bank AG11.912↑ Buy
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