December's CPI in Poland at 3.4 pct y/y - stats office

Grzegorz Michałowski/PAP

Prices of consumer goods and services increased by 3.4 percent year-on-year and by 0.8 percent month-on-month in December 2019, the Central Statistical Office (GUS) reported in a flash estimate on Tuesday.

Economists polled by PAP before the flash publication predicted that December's CPI would reach 2.9 percent y/y and 0.3 percent m/m.

In November, prices of consumer goods and services increased by 2.6 percent y/y and 0.1 percent m/m.