GUS confirms August inflation at 1.8%

Poland’s inflation rate stood at 1.8 percent in August year-on-year, the Central Statistical Office (GUS) confirming the previously released flash estimate. On a monthly basis, prices dropped by 0.1 percent. Economists polled earlier by the Polish Press Agency (PAP) predicted the rate to grow at 1.8 percent y/y and 0.1 percent decline m/m.