ADVERTISEMENT

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. 

ADVERTISEMENT

Investment Fund Managers Press for Changes to New Rules Analysis

Investment Fund Managers Press for Changes to New Rules

Parl't Approves Amendments to Legislation on Judiciary Parliament

Parl't Approves Amendments to Legislation on Judiciary

Polish Unemployment Slightly Down in May, Minister Says HR

Polish Unemployment Slightly Down in May, Minister Says

Landmark Budapest Dept Store to Reopen After HUF 8 bln Renov... History

Landmark Budapest Dept Store to Reopen After HUF 8 bln Renov...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.