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

[January 08, 2022]    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.

Polish Prime Minister Mateusz Morawiecki visits Orlen Lietuva oil refinery in Mazeikiai, Lithuania, June 3, 2018. REUTERS/Ints Kalnins

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.

(Reporting by Joanna Plucinska; Editing by Frances Kerry)

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