Economy
21:21 15 January 2020
Post by: WBJ

Future Inflation Index grows fastest in 2 years

Future Inflation Index grows fastest in 2 years
Source: Pxfuel

The Future Inflation Index (WPI) rose most strongly in two years in January, the Investment and Economic Cycles Office (BIEC) announced. WPI in January 2020 increased by 0.4 points.

WPI forecast several months in advance the direction of changes in the prices of consumer goods and services in Poland.

“There is a lot of concern in the public space both about the level of inflation in the coming months and about the sustainability of inflation trends. Its amount and whether it will stay with us for longer will be determined by a combination of local and global factors,” the press release states.

The prices of consumer goods and services in December 2019 increased by 3.4 percent y/y, and compared to the previous month they increased by 0.8 percent, according to earlier estimates, the Central Statistical Office (GUS) said.

(PAP)

poland
biec
inflation
wpi

More News

lifestyle

LifeStyle
1 month ago

Doda Promises Emotions and Surprises at Polsat Hit Festival in Sopot

LifeStyle
1 month ago

New Culinary Concept Opens in Warsaw’s Kamionek District

LifeStyle
2 months ago

Mercedes-Benz Unveils Sleek New CLA with Electric Power and AI Tech

LifeStyle
2 months ago

Klaudia Zioberczyk Advocates for Minimalism Amidst Rising Modeling Career

Book of Lists

Book of Lists
4 years ago

The largest Polish companies under the Book of Lists microscope! Book of Lists 2020/2021 certificates have been awarded.

Book of Lists
5 years ago

25th jubilee edition of Book of Lists – project start