GUS: Deflation at 1.3% y/y

Consumer deflation stood at 1.3  percent year-on-year in January meeting the Ministry of the Economy and analysts' expectations. Poland's deflation grew by 0.2 percent on monthly basis, as the Central Statistical Office informed. The economists predicted the deflation to stand at around 1-1.4 percent y/y, the Ministry of the Economy estimated the rate to increase by 1.3 percent y/y.