GUS confirms October inflation at 2.1%

Poland’s inflation rate stood at 2.1 percent in October year-on-year, the Central Statistical Office (GUS) confirming the previously released flash estimate. On a monthly basis, prices increased by 0.5 percent. Economists polled earlier by the Polish Press Agency (PAP) predicted the rate to grow at 2.1 percent y/y and 0.5 percent m/m.