Poland Inflation Accelerates as Estimated in September

Photo by Lanski/Shutterstock.com
Poland's annual inflation rate was confirmed at 17.2% in September, from 16.1% in August, the highest since September 1996, latest figures from the Warsaw-based Central Statistical Office (GUS) showed on Friday.
That was in line with flash data published on September 30.
A 29.9% rise in utility costs was primarily responsible for the upward trend in inflation.
This was followed by a 19.3% rise in prices for food and non-alcoholic beverages.
On a monthly basis, consumer prices moved up 1.6% in September, following a 0.8% gain in August. The latest figures match flash data.
ADVERTISEMENT
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.