Core inflation in August jumps to 9.9%
11:28
Core inflation in August was 9.9 percent, compared to 9.3 percent a month earlier, the National Bank of Poland said in a release on Friday.
The NBP explained that in year-on-year terms, inflation: excluding administered prices (subject to state control) was 16.7 percent, compared to 15.9 percent a month earlier; excluding the most volatile prices, it was 12.6 percent, against 11.7 percent a month earlier; after excluding food and energy prices, it amounted to 9.9 percent, against 9.3 percent a month earlier; the so-called 15 percent trimmed average, which eliminates the impact of the 15 percent basket of prices with the smallest and largest dynamics, amounted to 12.3 percent, against 11.4 percent a month earlier.
It added that the CPI for the period under review was 16.1 percent y/y.
