Poland May inflation rises as estimated
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Poland's consumer price inflation increased in May, as initially estimated, preliminary data from the Warsaw-based Central Statistical Office (GUS) showed on Wednesday.
Consumer price inflation (CPI) rose to 13.9% in May from 12.4% in April, as estimated. Prices in restaurants and hotels grew 15.7% annually in May.
Transport costs rose 25.8% and prices for housing, water, electricity, gas and other fuels 22%.
Price of food and non-alcoholic beverages advanced 13.5% and recreation and culture prices grew 10.3%. On a monthly basis, consumer prices rose 1.7% in May, after a 2.0% gain in the prior month, as initially estimated.
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