Polish inflation at 8.6% in December: stats office

Inflation in Poland stood at 8.6 percent in year-on-year terms in December, the country’s Central Statistical Office (GUS) said in a final estimate on Friday.

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The reading was in line with a flash estimate released by the state-run statistics agency earlier this month.

W grudniu 2021 r. #ceny towarów i usług konsumpcyjnych w porównaniu do grudnia 2020 r. wzrosły o 8,6% (wskaźnik cen 108,6), a w stosunku do listopada 2021 r. wzrosły o 0,9% (wskaźnik cen 100,9). https://t.co/ZQz7jh2Xnz#GUS #CPI #WskaźnikCen #statystyki #inflacja pic.twitter.com/uNjXZNcAlo

— GUS (@GUS_STAT) January 14, 2022

In November, the prices of consumer goods and services in Poland were 7.8 percent higher than in the same month a year earlier, according to the Central Statistical Office.

In October, Poland's consumer price index stood at 6.8 percent, the statistics agency has said.

The Polish central bank’s Monetary Policy Council in early January raised key interest rates for the fourth time in as many months in a bid to combat surging prices.

Adam Glapiński, governor of the National Bank of Poland (NBP), has said that inflation in the country is expected to average 7.6 percent in 2022, rising from 2021.

(gs)

Source: PAP