In October, consumer prices increased 0.7% over the previous month, which was above the 0.1% increase recorded in September. The October print mainly reflected higher prices in the clothing and footwear, as well as food categories. Annual headline inflation quickened from 3.9% in September to 4.3% in October and remained above the Central Bank's target of 2.5% ( 1.0 percentage point) for a 10th consecutive month. Core inflation, which excludes food and energy prices, rose from 2.6% in September to 2.8% in October. The Central Bank estimates that inflation will end the year at 4.0%, before moderating to 3.1% in 2012.
Inflation accelerates in October
November 15, 2011
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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).