Consumer inflation still in double digits in August
17:31
Consumer inflation in Poland in August was 10.1%, according to preliminary data from the Central Statistical Office (GUS). This is less than the previous month, but more than economists expected. They believe that maintaining inflation at a double-digit level will not be an obstacle for the Monetary Policy Council, which will lower interest rates as early as September.
The so-called market consensus indicated that inflation would be 10%. According to GUS data, food and non-alcoholic beverage prices rose by 12.7% compared to the same month last year. At the same time, energy carrier prices rose by 13.9% compared to the same period last year. Meanwhile, fuel prices fell year-on-year by -6.1%, GUS reported.
Source: 300gospodarka.pl
