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Polish VAT Boost to Cut Consumption, Lift Consmer Prices, Gilowska Says

Poland’s plan to increase the value- added tax next year will reduce consumption and boost inflation, complicating decisions for the central bank’s Monetary Policy Council, Zyta Gilowska, a member the interest-rate setting panel, told the bank’s news service, Obserwatorfinansowy.pl.

To contact the reporter on this story: Monika Rozlal in Warsaw at mrozlal@bloomberg.net

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