GUS: Inflation at 1.7% in July

Poland’s inflation rate stood at 1.7 percent in July year-on-year, the Central Statistical Office (GUS) confirming the previously released flash estimate. On a monthly basis, prices dropped by 0.2 percent. Economists polled earlier by the Polish Press Agency (PAP) predicted the rate to grow at 1.7 percent y/y and 0.1 percent decline m/m.