Poland Central Bank October Inflation Expectations

Following is a summary of the October inflation expectations survey from Ipsos and the National Bank of Poland in Warsaw.

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                               Oct.  Sept.   Aug.   July   June    May  April
                               2011   2011   2011   2011   2011   2011   2011
==============================================================================
Inflation Next 12 Months       4.2%   3.8%   4.2%   4.7%   4.2%   4.3%   4.0%
CPI YoY at time of survey      4.3%   4.1%   4.2%   5.0%   4.5%   4.5%   3.6%
Survey Responses:
Given what is currently happening, do you believe that over the
next 12 months prices will:
 Rise faster than now         22.3%  19.0%  23.6%  19.3%  19.4%  20.5%  31.1%
 Rise at the same rate        48.6%  48.4%  47.6%  50.3%  48.3%  47.4%  47.5%
 Rise more slowly             16.4%  19.9%  17.2%  20.4%  20.6%  18.8%  13.1%
 Stay at present level         3.9%   5.6%   3.9%   2.2%   3.7%   3.0%   1.7%
 Decrease                      0.8%   0.6%   0.2%   0.2%   0.6%   0.6%   0.2%
 Difficult to say              8.0%   6.5%   7.5%   7.6%   7.4%   9.7%   6.4%
==============================================================================
NOTE: The survey is carried out monthly, on a sample consisting
      of approximately 1,000 individuals.

SOURCE: National Bank of Poland

To contact the reporter on this story: Harumi Ichikura in London at hichikura@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net

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