Inflation in July up by 2% y/y - GUS

Poland’s inflation rate stood at 2.0 percent in July in year-on-year terms, the Central Statistical Office (GUS) said in a flash estimate. On a monthly basis, prices dropped by 0.2 percent. Economists polled by the Polish Press Agency (PAP) predicted the rate to grow at 2 percent year-on-year and 0.1 percent month-on-month.