Polish inflation at 4.7% in February: stats office

Inflation in Poland stood at 4.7 percent in year-on-year terms in February, the country’s Central Statistical Office (GUS) said on Friday.

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The figure was 0.3 percentage points higher than expected by analysts polled by Poland's PAP news agency.

Consumer goods were 4.1 percent more expensive in February than in the same month last year, while the prices of services increased by 6.4 percent from a year earlier, the government-run statistics agency reported.

Consumer prices in #Poland in February 2020 as compared to February 2019, increased by 4.7% (price index 104.7). As related to the previous month they rose by 0.7%.https://t.co/r8tPB11T67#StatisticsPoland #prices #statistics #CPI #PriceIndices #PriceIndex #inflation pic.twitter.com/fJV8U6iXqy

— Statistics Poland (@StatPoland) March 13, 2020

In January, the prices of consumer goods and services in Poland were 4.3 percent higher than in the same month a year earlier, according to the Central Statistical Office.

The statistics office said it had revised its system of weights used for calculating the consumer price index in 2020.

(gs)

Source: PAP