Consumer inflation down to 10.2% y/y in July, -0.2% m/m - GUS flash estimate
13:33
Consumer inflation in Poland in July was 10.8%, according to preliminary data from the Central Statistical Office (GUS). This was lower than the previous month. Additionally, prices decreased compared to June, marking the first decline in many months. Economists expected inflation to be 10.9%. Food and non-alcoholic beverage prices rose by 15.6% compared to the same month last year, while energy carriers increased by 16.7%.
However, fuel prices fell by 15.5% year on year. Economists point out the unexpected monthly deflation in July, and some believe that inflation may slow down further in the coming months.
Source: 300gospodarka.pl
