Base inflation at 0.8% in October – NBP

Poland’s base inflation (excluding food and energy prices) amounted to 0.8 percent in October y/y. In m/m terms it dropped by 0.2 percentage points, according to data released by Poland’s Central Bank NBP.

Inflation excluding state-controlled prices amounted to 2.2 percent compared to 1.3 percent in September.

Inflation excluding the most volatile prices amounted to 1.5 percent compared to 1.5 percent a month earlier.

The so-called trimmed mean, which excludes the impact of 15 percent of the price basket with the lowest and highest growth rates, was at 1.7 percent compared to 1.9 percent in September, the NBP also said.

The CPI inflation in October stood at 2.1 percent y/y according to data released by the Central Statistics Office GUS.

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