English Section

Polish inflation at 2.4% in February: stats office

15.03.2021 10:05
Inflation in Poland stood at 2.4 percent in year-on-year terms in February, the country’s Central Statistical Office (GUS) said in an estimate on Monday.
Pixabay License
Pixabay LicenseImage by Michal Jarmoluk from Pixabay

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

In January, the prices of consumer goods and services in Poland were 2.6 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 2021.

Poland’s central bank last week raised its inflation forecasts for the country, saying it expects the consumer price index to hit 3.1 percent this year, followed by 2.8 percent in 2022.

Poland's President Andrzej Duda in January signed the country’s budget for 2021, which expects the economy to grow 4 percent, with inflation targeted at 1.8 percent.


Source: PAP