Producer prices down by 1.5 pct y/y in May - stats office

Rafał Guz/PAP

Poland's producer prices went down by 1.5 percent year on year in May 2020 and remained flat month on month, the Central Statistical Office (GUS) announced on Friday.

In a survey conducted by PAP, economists predicted that producer prices would decline by 1.5 percent year on year and not change in monthly terms.

In April, Poland's producer prices fell by 1.4 percent year on year and by 1.6 percent month on month.