GUS estimates CPI inflation in September amounted to 5.8%

Prices of consumer goods and services in September increased by 5.8 percent y/y, and compared to the previous month, prices increased by 0.6 percent, the Central Statistical Office (GUS) reported in a flash estimate.

Economists surveyed by PAP Biznes estimated that the prices of goods and services in September increased by 5.6 percent y/y and by 0.3 percent m/m in September.

In August, the CPI index amounted to 5.5 percent y/y and 0.3 percent m/m.

According to GUS estimates, fuel prices for private means of transport, which increased by as much as 28.6 percent y/y, had the greatest impact on the rise in inflation in September. Energy prices increased by 7.2 percent y/y and food and non-alcoholic beverages – by 4.4 percent y/y.

(PAP)