Prices of consumer goods and services (Consumer Price Index, CPI) increased by 16.6 percent year on year and by 0.1 percent month on month in December 2022, the Central Statistical Office (GUS) reported on Friday.
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Prices of consumer goods and services (Consumer Price Index, CPI) increased by 16.6 percent year on year and by 0.2 percent month on month in December 2022, the Central Statistical Office (GUS) reported on Thursday.
Poland's rate-setting body has argued that the 11 interest hikes it has carried out so far should be enough to bring down the consumer price index (CPI) amid weakening global sentiment and inflation falling across major countries.
The Monetary Policy Council (RPP), the Polish central bank's rate-setting body, has kept the reference interest rate at 6.75 percent.
Inflation in Poland may accelerate at the beginning of 2023 but will start slowing down in the spring, the finance minister has said.
Poland's core inflation, which excludes the prices of food and energy, measured 11.4 percent year on year in November 2022, up from 11.0 percent in October, the National Bank of Poland (NBP) said on Friday.
Prices of consumer goods and services (Consumer Price Index, CPI) increased by 17.5 percent year on year and by 0.7 percent month on month in November 2022, the Central Statistical Office (GUS) reported on Thursday.
Poland's central bank, the National Bank of Poland (NBP), does not predict a recession in the country, but economic growth may fall to zero, the central bank governor has said.
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