GUS: inflation rate in April rises 0.4%; year-to-year drops to single digits

The Central Statistical Office (GUS) announced yesterday that the inflation rate in April rose 0.4%. This indicates a decline from the March to March inflation rate of 10.3% to the April to April inflation rate of 9.8%. Most experts didn't expect such positive results as analysts estimated April's inflation rise at 0.6%-0.7%. The price of services rose by 0.4% this month while food prices increased by 0.8% during the same period. Consumers also had to pay 0.5% more for cigarettes and alcohol. Prices for the rest of consumer goods rose by 0.2%. (Prawo i Gospodarka, p.1) A.D.