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Poland's inflation climbs to 4.9% in September 2024 due to rising energy and food prices

30.09.2024 12:12
Inflation in Poland accelerated in September 2024, with consumer prices rising by 4.9% year-over-year, driven by an 11.4% increase in energy costs and a 4.7% rise in food prices, while fuel prices slightly decreased by 0.2%.
Polands Central Statistical Office (GUS) indicate that consumer prices in August 2024 rose by 4.3 year-over-year and increased by 0.1 compared to the previous month.
Poland's Central Statistical Office (GUS) indicate that consumer prices in August 2024 rose by 4.3% year-over-year and increased by 0.1% compared to the previous month. GUS

According to the Central Statistical Office (GUS), inflation increased in September 2024, with consumer prices climbing 4.9% compared to the same month last year and rising 0.1% from the previous month.

In the past month, prices for food and non-alcoholic beverages in Poland rose by 4.7% compared to the previous year and increased by 0.2% from August 2024. Meanwhile, energy costs surged by 11.4%, while fuel prices for private transportation saw a slight decline of 0.2%.

Preliminary estimates indicate that prices for electricity, gas, and other fuels in Poland rose by 11.4% year-over-year and increased by 0.2% compared to August. In September 2024, the price index for these utilities reached 111.4, reflecting the annual rise.

The GUS will release complete data on September's inflation in mid-October.

Source: IAR/GUS

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