Base inflation at 0.7% in March – NBP

Poland’s base inflation (excluding food and energy prices) amounted to 0.7 percent in March, compared with 0.8 percent the month before, according to data released by Poland’s Central Bank NBP. Inflation excluding state-controlled prices amounted to 1.5 percent, the same as in February. Inflation excluding the most volatile prices amounted to 1 percent compared to 1.2 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 1.2 percent compared to 1.3 percent in February, the NBP also said. The CPI inflation in March stood at 1.3 percent according to data released by the Central Statistics Office GUS.