In February, consumer prices rose 0.4% over the previous month, which was below the 0.7% increase recorded in January. According to the Central Statistics Office (GUS), the rise was mainly influenced by higher food, dwelling and transport prices. As a result of the monthly increase, annual headline inflation accelerated from 4.1% in January to 4.3% in February, remaining well above the Central Bank's target of 2.5% ( 1.0 percentage point) for a 14th consecutive month. The result was slightly above market expectations that had inflation rising to 4.2%. Core inflation, which excludes food and energy prices, increased 0.3% over the previous month, driving annual core inflation to 2.6% in February. The Central Bank estimates that inflation will end this year at 3.1%, before moderating further to 2.8% by the end of 2013.
Inflation rebounds in February
March 13, 2012
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Poland Economic News
October 12, 2016
According to the Central Statistical Office (GUS), consumer prices recorded flat growth over the previous month in September, which followed the 0.2% decrease recorded in August.
October 5, 2016
As anticipated by market analysts, the National Bank of Poland (NBP) decided to keep the reference rate at the record low of 1.50% at its 4–5 October monetary policy meeting.
October 3, 2016
The Manufacturing Purchasing Managers’ Index (PMI) rose from August’s 51.5 to a six-month high of 52.2 in September, according to IHS Markit.
September 30, 2016
According to a preliminary estimate released by the Central Statistical Office (GUS) on 30 September, consumer prices recorded flat growth over the previous month in September, which followed the 0.2% fall recorded in August. In annual terms, consumer prices dropped 0.5% in September, which was a less pronounced decline than the 0.8% fall recorded in August.
September 30, 2016
The manufacturing sector business climate index decreased from 4.8 points in August to 3.3 points in September, according to the Central Statistical Office’s Business Tendency Survey (GUS-BTS).