Eurostat: Deflation at 0.4% in March

The harmonized index of consumer prices (HICP) for Poland stood at -0.4 percent year-on-year in March, compared to -0.2 percent y/y in February, according to data released by the EU’s statistics office Eurostat. Inflation in Poland stood at 0.1 percent on a monthly basis. Throughout the EU, the rate amounted to 0.0 percent, compared to 0.2 percent y/y fall last month. CPI deflation in Poland stood at -0.9 percent in March y/y, according to data released earlier by the Central Statistical Office (GUS).