Poland Inflation Eases in July
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Poland's annual inflation rate eased to 10.8% in July from 11.5% in the previous month, preliminary results from the Warsaw-based Central Statistical Office (GUS) showed on Monday.
It was the softest reading since February 2022, mainly due to the slowdown in prices of food & non-alcoholic beverages (15.6% vs 17.8% in June) and a drop in cost of fuels for personal transport (-15.5% vs -18%).
On the other hand, inflation picked up for housing & utilities (16.7% vs 14.6%).
On a monthly comparison basis, consumer prices edged down by 0.2% after remaining unchanged in June.
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