Govt expects inflation to slow down to 3% y/y in July

Consumer inflation will slow down to around 3 percent year-on-year in July this year, development ministry experts predict.

“According to ministry, inflation will slow down in July and will amount to slightly over 3 percent in annual terms. Food prices should rise slower and fuel prices will remain lower. In monthly terms, prices will be close to the level from June,” states the press release.

Poland’s Central Statistical Office (GUS) announced that inflation amounted to 3.3 percent in annual terms in June. Compared to the previous month, consumer goods and services prices increased by 0.6 percent in June.

(ISBnews)