Poland inflation rate rises further in June
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The annual inflation rate in Poland likely accelerated to 15.6% in June from 13.9% in the prior month, a flash estimate from the Warsaw-based Central Statistical Office (GUS) on Friday show.
It was the highest reading since October of 1996. Main upward pressure came from fuels for personal transport equipment (46.7%), followed closely by prices of electricity, gas, and other fuels (35.3%), and lastly, food and non-alcoholic beverages (14.1%).
On a monthly basis, consumer prices were seen rising 1.5% in June, slight lower than a 1.7% rise in May.
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