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I UNDERSTAND
English Section

Core inflation in Poland highest for 19 years in July: central bank

18.08.2020 07:05
Core inflation, which excludes changes in food and energy prices, hit 4.3 percent in Poland in July, the highest in 19 years, the country’s central bank has said.
Image by Henryk Niestrój from Pixabay
Image by Henryk Niestrój from Pixabay pixbay.com

The indicator rose 0.2 percentage points compared to June.

Meanwhile, inflation in Poland including food and energy prices stood at 3 percent in year-on-year terms in July, the country’s Central Statistical Office (GUS) said on Friday in a final estimate.

In June, the prices of consumer goods and services in Poland were 3.3 percent higher than in the same month a year earlier, according to the Central Statistical Office.

The state-run statistics agency earlier this year said it had revised its system of weights used for calculating the consumer price index in Poland in 2020.

(pk)

Source: IAR