Polish inflation at 13.9% in May: stats office

Inflation in Poland stood at 13.9 percent in year-on-year terms in May, the country’s Central Statistical Office (GUS) reported on Wednesday.

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The reading was in line with a flash estimate released by the state-run statistics agency at the end of last month.

Consumer #prices in #Poland in May 2022 increased by 13.9% YoY (price index 113.9). Compared to the previous month they increased by 1.7% (price index 101.7). https://t.co/FEZdyXaSQu#StatisticsPoland #statistics #CPI #PriceIndices #PriceIndex #inflation pic.twitter.com/gReDsXl4JN

— Statistics Poland (@StatPoland) June 15, 2022

In April, the prices of consumer goods and services in Poland were 12.4 percent higher than in the same month a year earlier, according to the Central Statistical Office.

In March, Poland's consumer price index stood at 11 percent, the statistics agency has said.

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

(gs)

Source: PAP