Poland inflation slows in August

Poland’s consumer price inflation eased in August, as initially estimated, final data from Warsaw-based Central Statistical Office (GUS) shows .
The consumer price index (CPI) rose 2.9% year-on-year in August, after a 3% increase in July, as estimated. Cost for housing, water, electricity, gas and other fuels grew 7.2% yearly in August.
Prices for restaurants and hotels gained 5.7% and the cost for health increased 5.4%. Meanwhile, prices of fuels for transport, and clothing and footwear declined by 7.1% and 1.9%, respectively.
On a monthly basis, consumer prices fell 0.1% in August, after a 0.2% decline in the prior month, as initially estimated, GUS said on September 15.
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