Polish inflation at 17.2% in September: flash estimate

Inflation in Poland stood at 17.2 percent in year-on-year terms in September, the country’s statistics office said in a flash estimate on Friday.

Pixabay License

Image by Paweł Szymczuk from Pixabay

The figure was 0.6 percentage points higher than forecast by economists polled by Poland’s PAP news agency.

According to the flash estimate consumer #prices in #Poland in September 2022 as compared to September 2021 increased by 17.2% (price index 117.2) and increased by 1.6% (price index 101.6) as compared to August 2022. https://t.co/GKzsU9pxlJ#StatisticsPoland #statistics #CPI pic.twitter.com/5HTqhLRiq0

— Statistics Poland (@StatPoland) September 30, 2022

In August, the prices of consumer goods and services in Poland were 16.1 percent higher than in the same month a year earlier, according to the state-run Statistics Poland (GUS) agency.

In July, Poland's consumer price index stood at 15.6 percent, Statistics Poland reported.

The Polish central bank’s Monetary Policy Council last month raised key interest rates for the 11th consecutive time in a bid to tame inflation.

(gs)

Source: PAP