GUS: average annual deflation at 0.9% in 2015
15:16
Poland's average annual inflation rate stood at -0.9 percent in 2015, compared with 0.0 percent the year before, the Central Statistical Office (GUS) reported.
"The decrease in the price of goods and services in 2015, in relation to the previous year, amounted to 0.9 percent and was lower than projected in the budget act by 2.1 percentage points. The last time the decline in prices was recorded was in 1971 (by 0.1 percent). Commodity prices fell by 1.8 percent, meanwhile services grew by1.4 percent," a statement by GUS read.
In December, the rate stood at -0.5 percent on a yearly basis and at -0.2 month-on-month, GUS also informed.
