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Economy

Core inflation in XII reaches 3.7% against 4.3% in XI

15:00

Core inflation in December 2020 was 3.7 percent, against 4.3 percent a month earlier, the National Bank of Poland (NBP)reported.

Year-on-year inflation in December excluding administered prices (subject to state control), amounted to 1.4 percent, compared to 2.1 percent a month earlier.

When excluding the most volatile prices, inflation amounted to 2.8 percent, compared to 2.9 percent a month earlier.

When excluding food and energy prices, it was 3.7 percent, compared to 4.3percent a month earlier.

The so-called 15 percent trimmed mean that eliminates the 15 percent impact of price basket with the lowest and the highest dynamics amounted to 2.7 percent, compared to 3.0 percent a month earlier.

The CPI in the analyzed period was 2.4 percent y/y.

(PAP) 

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