Food and beverage price rises slow, feeding hopes for lower inflation rate
Food and beverage prices rose 0.2% in the second part of November compared
to the first half of the month, and by 0.4% from the second half of
October. Decreasing rises in food prices help lower the inflation rate,
and the forecast of the yearly inflation rate in November is 9.3% to 9.4%,
a significant decrease from September. Analysts expect this positive trend
to carry on into the first quarter of next year. During recent months food
price rises have had a strong impact on inflation. The market is now in
equilibrium and in November, for the first time in months, the growth of
food prices was lower than the inflation rate. However, the situation may
worsen in the spring, and with demand exceeding supply, government
intervention might be needed. (Rzeczpospolita, p.B1). M.K..
