Producer prices down y/y, up m/m in June - stats office

Leszek Szymański/PAP

Poland's producer prices went down by 0.8 percent year on year in June 2020 and grew by 0.4 percent month on month, the Central Statistical Office (GUS) announced on Monday.

In a survey conducted by PAP, economists predicted that producer prices would decline by 1.0 percent year on year and not change in monthly terms.

In May, Poland's producer prices fell by 1.7 percent year on year (after correction) and by 0.2 percent month on month.