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Poland’s PM to announce anti-inflationary measures Tuesday, gov’t spokesperson says (msn.com)
![Polish Prime Minister Mateusz Morawiecki visits Orlen Lietuva oil refinery in Mazeikiai]({"default":{"load":"default","w":"80","h":"53","src":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/AASyJTO.img?h=533&w=799&m=6&q=60&o=f&l=f&x=258&y=264"},"size3column":{"load":"default","w":"62","h":"42","src":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/AASyJTO.img?h=417&w=624&m=6&q=60&o=f&l=f&x=258&y=264"},"size2column":{"load":"default","w":"62","h":"42","src":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/AASyJTO.img?h=417&w=624&m=6&q=60&o=f&l=f&x=258&y=264"}})
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.
(Reporting by Joanna Plucinska; Editing by Frances Kerry)