Poland's CPI at 2.9 pct y/y in May - stats office

Rafał Guz/PAP

Prices of consumer goods and services increased by 2.9 percent year on year and fell by 0.2 percent month on month in May 2020, the Central Statistical Office (GUS) reported in a flash estimate on Friday.

Economists polled by PAP before the flash publication predicted that May's CPI would increase by 3.0 percent y/y and drop by 0.1 percent m/m.

In April, prices of consumer goods and services increased by 3.4 percent y/y and by fell by 0.1 percent m/m.