Inflation expectations rising in Poland: EC

The index of inflation expectations of consumers in Poland in April increased to 62.9 points from 32.5 points in March, according to published data of the European Commission Directorate-General for Economic and Financial Affairs (DG EcFin).

Respondents are asked about how they think prices will change over the next 12 months.

The indicator does not take into account the fraction of respondents expecting price increases, but slower than currently perceived. The indicator is seasonally adjusted.

Every month, the European Commission's Directorate-General for Economic and Financial Affairs (DG EcFin) publishes a harmonized Economic Sentiment Indicator (ESI) for the 27 EU countries. In the case of Poland, it is based on surveys carried out by GfK Polonia during the first 12 days of the month, on a sample of at least 1,020 people.

(PAP)