Inflation falls to -1.7% in January

The harmonized index of consumer prices (HICP) for Poland stood at -1.7 percent year-on-year in January, compared with -0.4 percent in December y/y, according to data released by the EU’s statistics office Eurostat. Throughout the EU prices grew by 0.2 percent on a yearly basis. CPI inflation stood at -0.7 percent in January y/y, according to data released earlier by the Central Statistical Office (GUS).