Core inflation drops to 8.4% y/y in September, from 10% in August

In September 2023, the year-on-year core inflation in Poland dropped to 8.4% from the previous 10.0%, as reported by the National Bank of Poland. On a month-to-month basis, core inflation also decreased from 0.3% to -0.1% in September. The NBP provided additional data, stating that year-on-year inflation, excluding regulated prices, was 6.8% compared to 8.9% the previous month.

Excluding the most volatile prices, it stood at 10.9%, down from 12.7%. When excluding food and energy prices, it decreased to 8.4% from 10.0%. The trimmed mean, which eliminates the influence of 15% of the basket with the lowest and highest dynamics, was 9.3%, compared to 11.0% the previous month. The Consumer Price Index (CPI) during the analyzed period was 8.2% year-on-year and -0.4% month-on-month.

Source: strefainwestorow.pl