Poland should raise rates in September-c.banker

WARSAW, Sept 2 (Reuters) - The Polish central bank should raise interest rates in September, policy maker Dariusz Filar was quoted as saying on Tuesday.
"In my opinion, the current data shows the need to raise interest rates as soon as it's possible, in September," Filar told daily Dziennik in an interview.
He also said a possible further hike would depend on the incoming data and inflation was likely to ease in September to 4.8 percent, and then in October, to 4.7 percent.
Annual inflation in July stood at 4.8 percent, up from 4.6 percent in June and much above the central bank's 2.5 percent target.
The finance ministry estimated August inflation at 5 percent and most analyst believe it would be the peak and consumer prices were likely to ease afterwards.
In response to accelerating inflation, soaring wages and the booming economy, the central bank's Monetary Policy Council has raise rates eight times from an all-time low of 4.0 percent in April 2007.
The key interest rate stands now at 6.0 percent.
Source:By Dagmara Leszkowicz,guardian.co.uk