Inflation grows to 9.2% y/y

Prices of consumer goods and services in January 2022 increased by 9.2 percent y/y, and compared to the previous month, prices increased by 1.9 percent, reported the Central Statistical Office (GUS).

According to the consensus of PAP Biznes, the market expected inflation at 9.3 percent y/y and 1.9 percent m/m.

About the year on year, the prices of fuel for private means of transport (23.8 percent), energy (18.2 percent), and transport (17.5 percent) grew the most. The prices of food, non-alcoholic and alcoholic beverages, and tobacco products increased by 9.4 percent y/y.

(PAP)