Producer Prices in Poland
Poland - Producer Prices
Inflation steady in April
Consumer prices increased 0.3% in April over the prior month, contrasting March’s 0.1% drop. The increase was driven by higher prices for clothing and footwear, which was slightly offset by lower prices for alcoholic beverages and tobacco and fuel for personal transport.
Inflation came in at 2.0% in April, matching March’s reading. Inflation is thus within the Central Bank’s target band of 1.5%-3.5%. The annual average variation in consumer prices rose to 0.4% in April from 0.1% in March, the highest reading since August 2014.
Core consumer prices rose 0.6% in April from the previous month, above March’s 0.2%. Core inflation was 0.9% (March: 0.6%).
FocusEconomics Consensus Forecast panelists expect inflation to average 2.0% in 2017, which is up 0.1 percentage points from last month’s projection. In 2018, the panel also expects inflation to average 2.0%.
Poland - Producer Prices Data
|Inflation (PPI, annual variation in %)||8.4||-1.0||-0.9||-2.6||-0.8|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||3.36||0.33 %||May 24|
|Exchange Rate||3.73||-0.88 %||May 24|
|Stock Market||60,812||0.67 %||May 24|
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May 25, 2017
In May, the manufacturing sector business climate index decreased from April’s multi-year high of 9.6 points to 8.1 points in May, according to the Business Tendency Survey released by the Central Statistical Office (GUS-BTS).
May 19, 2017
In April, industrial production swung to a 0.6% contraction from the same month last year, which marked a substantial decline compared to March’s 11.1% expansion.
May 19, 2017
In April, retail sales rose 8.1% over the same month of 2016, which marked a slowdown in growth from March’s 9.7% expansion.
May 16, 2017
Poland’s economy kicked into a higher gear in Q1, according to a flash estimate released by the Central Statistical Office of Poland on 16 May.
May 15, 2017
Consumer prices increased 0.3% in April over the prior month, contrasting March’s 0.1% drop.