Accelerating food prices
23:08
"The main factor contributing to lower inflation was the decrease in fuel price dynamics; we expect it to remain at an elevated level until the end of the year. We forecast an acceleration of food price growth,” Credit Agricole economist Jakub Olipra said, commenting on the CSO data.
The Central Statistical Office (GUS) said on Thursday that consumer prices in June 2021 increased by 4.4% y/y, and by 0.1% compared to the previous month.
The main factor influencing the reduction in inflation was the reduction in fuel price dynamics; we expect it to remain at an elevated level until the end of the year. We expect food prices to accelerate,” Credit Agricole economist Jakub Olipra commented on the GUS data.
The Central Statistical Office said on Thursday that consumer prices in June 2021 rose by 4.4 percent y/y, and by 0.1 percent compared to the previous month.
