17:01 16 December 2024
Core inflation rose in November by 4.3% y/y
Core inflation in Poland, excluding food and energy prices, rose to 4.3% y/y in November 2024, up from 4.1% in October, according to the National Bank of Poland (NBP). m/m, core inflation was 0.2%, down from 0.4% in October. Core inflation is considered a key measure for understanding price trends influenced by monetary policy.
Other NBP indicators showed mixed results: inflation excluding state-controlled prices dropped to 3.2% (from 3.5%), inflation excluding volatile prices remained at 5.3%, and the trimmed 15% average declined to 4.4% (from 4.5%).
The CPI, as reported by GUS, was 4.7% y/y in November. These indicators help analyze inflation sources and forecast trends more accurately.
