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Poland Inflation Slows in March

Figures

Photo by ratmaner/Shutterstock.com

Poland's consumer price inflation eased to the lowest level in seven months amid a sharp slowdown in transport costs, though it remained strong overall, preliminary data from the Warsaw-based Central Statistical Office (GUS) showed on Friday.

The consumer price index (CPI) climbed 16.1% year-on-year in March, following an 18.4% rise in February.

The annual growth in transport charges eased markedly to 3.9% in March from 23.7% in the previous month.

Prices of food and non-alcoholic beverages grew the most by 24% annually in March.

This was closely followed by a 19.6% spike in the costs of electricity, gas, and other fuels.

On a monthly comparison basis, consumer prices moved up 1.1% in March versus a 1.2% increase in January. 

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