Core inflation at 1% in June

Core inflation, excluding food and energy prices, amounted to 1 percent year-on-year in June, compared to 0.8 percent in May, the National Bank of Poland said on Monday. Inflation excluding state-controlled prices amounted to -0.1 percent y/y compared to -0.2 percent in May. Inflation excluding the most volatile prices amounted to 0.3 percent y/y and remained unchanged month-on-month. 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 0.5 percent, equal to the May figure, the NBP also said.