Poland Inflation Confirmed at 11.5% in June

Figures

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Poland's annual inflation rate eased to 11.5% in June from 13% in the previous month and in line with preliminary estimates, the Warsaw-based Central Statistical Office (GUS) said.

It was the lowest reading since March 2022, mainly due to the slowdown in prices of food & non-alcoholic beverages (17.8% vs 18.9 in May), housing & utilities (14.6% vs 16.1%), recreation & culture (12.4% vs 13.3%), and miscellaneous goods & services (13.4% vs 13.8%).

Cost for transport also fell (-9.7% vs -3.2%), while remaining almost unchanged for alcoholic beverages & tobacco (12.4% vs 12.5%) and health (9.9% vs 10%).

On monthly basis, the consumer price index (CPI) showed no growth. 

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