Poland: Inflation inches down in May
May 31, 2017
According to a preliminary estimate released by the Central Statistical Office (GUS) on 31 May, consumer prices were stable from the previous month in May, which followed April’s 0.3% increase. A breakdown of the components is not yet available, but flat consumer price growth was likely due to stable prices for commodity prices in the global markets.
Inflation came in at 1.9% in May, easing from April’s 2.0% result. The figure remains firmly entrenched within the Central Bank’s target of 2.5% with a tolerance margin of plus/minus 1.0 percentage point. The GUS will publish more detailed data concerning consumer prices on 12 June.