Poland April Inflation Lowest in Nearly a Year
Poland's annual inflation rate decreased to 14.70% in April from 16.10% in March and coming in below market expectations of 15%, preliminary estimates from the Warsaw-based Central Statistical Office (GUS) on Friday show.
It was the lowest reading since May 2022, mainly due to a slowdown in prices of housing & utilities (23.5% vs 26% in the previous month) and food & non-alcoholic beverages (19.7% vs 24%).
At the same time, the cost fell for transport (-0.1% vs 3.9%). On a monthly basis, consumer prices rose 0.7%, compared to a 1.1% gain in March, and forecasts for a 0.9% increase.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.