Prices of consumer goods and services (Consumer Price Index, CPI) rose by 13.0 percent year on year and were unchanged month on month in May 2023, the Central Statistical Office (GUS) reported on Wednesday.
Poland's core inflation will likely decline in the coming months and quarters and will certainly start decreasing in H2, the governor of the National Bank of Poland (NBP) has said.
Poland's central bank (NBP)’s rate-setting Monetary Policy Council (RPP) decided to leave the reference interest rate at 6.75 percent for the eighth consecutive month on Wednesday arguing that a series of external and internal factors should bring inflation down.
The Monetary Policy Council (RPP), the Polish central bank's rate-setting body, has kept the reference interest rate at 6.75 percent.
Prices of consumer goods and services (Consumer Price Index, CPI) increased by 14.7 percent year on year and by 0.7 percent month on month in April 2023, the Central Statistical Office (GUS) reported in a flash estimate on Friday.
Prices of consumer goods and services (Consumer Price Index, CPI) increased by 16.1 percent year on year and by 1.1 percent month on month in March 2023, the Central Statistical Office (GUS) reported on Friday.
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Poland's inflation is rapidly falling from its record-high level in line with the National Bank of Poland's (NBP) projections, the NBP head has said.
The high level of the consumer price index (CPI) and sticky core inflation still pose problems for the Polish economy, a government-affiliated think tank has said.
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