Poland inflation slows as estimated in November
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Poland's consumer price inflation eased in November, as initially estimated, final data from the Warsaw-based Central Statistical Office (GUS) showed on Tuesday.
The consumer price index (CPI) rose 3.0% year-on-year in November, after a 3.1% increase in October, as estimated. Prices for Housing, water, electricity, gas and other fuels grew 7.4% yearly in November and those of restaurants and hotels gained by 5.8%.
Education cost and transportation cost increased by 5.7% and 5.5%, respectively. Meanwhile, prices of fuels for transport declined 4.4%. On a month-on-month basis, consumer prices rose 0.1% in November, same as seen in the previous month. In the initial estimate, prices remained unchanged.
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