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Polish inflation at 16.1% in August: flash estimate

31.08.2022 10:05
Inflation in Poland stood at 16.1 percent in year-on-year terms in August, the country’s statistics office said in a flash estimate on Wednesday.
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Pixabay LicenseImage by Paweł Szymczuk from Pixabay

The figure was 0.6 percentage points higher than forecast by economists polled by Poland’s PAP news agency.

In Julythe prices of consumer goods and services in Poland were 15.6 percent higher than in the same month a year earlier, according to the state-run Statistics Poland (GUS) agency.

In JunePoland's consumer price index stood at 15.5 percent, Statistics Poland reported.

The Polish central bank’s Monetary Policy Council last month raised key interest rates for the 10th consecutive time in a bid to tame inflation.


Source: PAP