Core inflation reaches 11.4% y/y in November
15:26
Core inflation excluding food and energy prices amounted to 11.4 percent y/y in November 2022, compared to 11 percent y/y in October 2022, according to the National Bank of Poland (NBP). The market consensus was 11.3 percent y/y.
The NBP also said that core inflation excluding administered prices amounted to 18.1 percent y/y, compared to 18.7 percent in October.
The consumer price index (CPI inflation) was 17.5 percent y/y in November 2022, compared to 17.9 percent y/y in October.