Poland clearly leads in terms of inflation
20:50
Inflation in Poland in May was the highest among all 27 countries of the European Union, as well as Norway, Iceland and Switzerland, according to the latest Eurostat data. The consumer price inflation rate (HICP) in Poland increased in May by 3.4 percent on an annual basis. A month earlier it was at the level of 2.9 percent.
In this way, Poland "advanced" to the first place in the EU in terms of inflation. Behind us are Czech Republic (3.1 percent), Hungary (2.2 percent) and Slovakia (2.1 percent). In the entire EU, the average inflation rate was 0.6 percent compared to May last year. The lowest inflation rate (actually negative) was recorded by Estonia (minus 1.8 percent) and Luxembourg (minus 1.6 percent).
Compared to April, the annual inflation rate has fallen in as many as 20 member countries, has not changed in two, but has risen in five (including Poland).
