Eurostat: deflation at 0.6% in May

The harmonized index of consumer prices (HICP) for Poland stood at -0.6 percent year-on-year in May, compared with -0.9 percent a month before, according to data released by the EU’s statistics office Eurostat. In month-on-month terms, prices increased by 0.1 percent. Throughout the EU prices grew by 0.3 percent on a yearly basis. CPI inflation stood at -0.9 percent in May y/y, according to data released earlier by the Central Statistical Office (GUS).