Inflation drops to 6.6% in October

Inflation in Poland decreased in October, according to complete data from the Central Statistical Office, reaching 6.6% year on year. The initial reading on October 31 indicated 6.5%, making the final figure slightly worse. In September, inflation stood at 8.2%. In October 2023, consumer goods and services prices increased by 6.6% compared to the same month last year, with service prices rising by 9.3% and goods by 5.7%.

Monthly, there was a 0.3% increase in goods and services prices, including a 0.3% rise in both goods and services. Specific categories experiencing significant price hikes include housing, communication, education, and restaurants and hotels. Notably, fuel prices decreased, with private transport fuels dropping by 14.4%, diesel by 22.4%, and gasoline by 11%.

Source: money.pl