Kotecki: the price war may offset the increase in the VAT rate on food
Regulation & Compliances
Market & Price Trends
게시됨 2024년 3월 29일
Tridge 요약
Ludwik Kotecki, a member of the Monetary Policy Council, recently shared insights on Polish Radio regarding the potential effects of a VAT rate increase on food prices in Poland. He suggested that a competitive price war among retailers could help alleviate some of the negative impacts of the VAT hike on consumers. Additionally, Kotecki forecasted a temporary dip in inflation to below 2.5% in March, cautioning that the Monetary Policy Council should wait for a consistent return to the inflation target before taking any action. This discussion highlights the complexities of managing inflation and the cost of living through fiscal policies.
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원본 콘텐츠
The price war may partially offset the increase in the VAT rate on food, said Ludwik Kotecki, a member of the Monetary Policy Council, on Program I of Polish Radio on Thursday. "Higher VAT should be felt somewhat, but the price war may absorb part of the VAT increase," he said. He added that inflation may fall below 2.5% in March, but the decline will be ...