Polish inflation at 10.9% in March: flash estimate

Inflation in Poland stood at 10.9 percent in year-on-year terms in March, the country’s Central Statistical Office (GUS) said in a flash estimate on Friday.

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The reading was 0.8 percentage points higher than forecast by economists polled by Poland’s PAP news agency.

According to the flash estimate consumer #prices in #Poland in March 2022 as compared to March 2021 increased by 10.9% (price index 110.9) and incresed by 3.2% (price index 103.2) as compared to February 2022. https://t.co/ltXW8665sW#StatisticsPoland #statistics #CPI pic.twitter.com/Q7ngkDkwAj

— Statistics Poland (@StatPoland) April 1, 2022

In February, the prices of consumer goods and services in Poland were 8.5 percent higher than in the same month a year earlier, according to the Central Statistical Office.

In January, Poland's consumer price index stood at 9.4 percent, the statistics agency has said.

The Polish central bank’s Monetary Policy Council last month raised key interest rates for the sixth consecutive time in a bid to tame inflation.

(gs)

Source: PAP