Polish inflation at 15.6% in June: flash estimate

Inflation in Poland stood at 15.6 percent in year-on-year terms in June, the country’s Central Statistical Office (GUS) said in a flash estimate on Friday.

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The reading was 0.1 percentage point higher than forecast by economists polled by Poland’s PAP news agency.

According to the flash estimate consumer #prices in #Poland in June 2022 as compared to June 2021 increased by 15.6% (price index 115.6) and incresed by 1.5% (price index 101.5) as compared to May 2022. https://t.co/oyzfqGQEX3#StatisticsPoland #statistics #CPI pic.twitter.com/ehIOV2jFhq

— Statistics Poland (@StatPoland) July 1, 2022

In May, the prices of consumer goods and services in Poland were 13.9 percent higher than in the same month a year earlier, according to the Central Statistical Office.

In April, Poland's consumer price index stood at 12.4 percent, the statistics agency has said.

The Polish central bank’s Monetary Policy Council this month raised key interest rates for the ninth consecutive time in a bid to tame inflation.

(gs)

Source: PAP