Poland: Inflation eases in February
Consumer prices dropped 0.30% over the previous month in February, contrasting January’s 1.90% rise. February’s result marked the weakest reading since July 2016. The result was driven by falling prices for food and non-alcoholic beverages and easing price pressures for transportation.
Inflation came in at 8.5% in February, which was down from January’s 9.4%. Meanwhile, the trend pointed up, with annual average inflation coming in at 101.4% in February (January: 73.9%). Finally, core inflation rose to 6.7% in February, from the previous month’s 6.1%.