Polish inflation at 7.8% in November: stats office

Inflation in Poland stood at 7.8 percent in year-on-year terms in November, the country’s Central Statistical Office (GUS) said in a final estimate on Wednesday.

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The reading was a notch higher than a flash estimate released by the state-run statistics agency at the end of last month.

Consumer #prices in #Poland in November 2021 increased by 7.8% YoY (price index 107.8). Compared to the previous month they increased by 1.0% (price index 101.0).https://t.co/DXXsbpcRdj#StatisticsPoland #prices #statistics #CPI #PriceIndices #PriceIndex #inflation pic.twitter.com/RyxyhjaP1u

— Statistics Poland (@StatPoland) December 15, 2021

In October, the prices of consumer goods and services in Poland were 6.8 percent higher than in the same month a year earlier, according to the Central Statistical Office.

In September, Poland's consumer price index stood at 5.9 percent, the statistics agency has said.

The Polish government last month unveiled a set of measures to tackle price hikes, dubbed "the anti-inflation shield" and worth a total of PLN 10 billion (EUR 2.1 billion). 

The Polish central bank’s Monetary Policy Council last week raised key interest rates for the third time this autumn in a bid to tame inflation.

(gs)

Source: PAP