Poland's core inflation, excluding the prices of food and energy, measured 3.6 percent year on year in February 2020, against 3.1 percent in January, the National Bank of Poland (NBP) announced on Monday.
Prices of consumer goods and services increased by 4.7 percent year on year in February 2020 and by 0.7 percent month on month, the Central Statistical Office (GUS) reported on Friday.
Prices of consumer goods and services increased by 4.4 percent year on year in January 2020 and by 0.9 percent month on month, the Central Statistical Office (GUS) reported on Friday.
Poland's economy will grow by 3.7 percent and inflation should be capped at 3.5 percent in 2020, the Monetary Policy Council (RPP) wrote in a comment on the draft budget law for 2020, which assumes GDP growth at 3.7 pct and CPI at 2.5 pct.
Poland's Harmonised Index of Consumer Prices (HICP) rose by 3.0 percent year on year in December 2019, up from the 2.4 percent growth the previous month, the European Union's statistics office, Eurostat, reported on Friday.
Poland's core inflation, excluding the prices of food and energy, measured 3.1 percent year on year in December 2019, against 2.6 percent in November, the National Bank of Poland (NBP) announced on Thursday.
Prices of consumer goods and services increased by 3.4 percent year on year in December 2019 and by 0.8 percent month on month, the Central Statistical Office (GUS) reported on Wednesday.
Prices in Poland in November 2019 grew by 2.6 percent year on year, the Organisation for Economic Cooperation and Development (OECD) reported on Friday.
Polish Deputy Finance Minister Leszek Skiba told reporters on Friday that "inflation in Poland in 2020 will likely exceed 2.5 percent envisaged in the budget draft," but underlined that this should not be a cause for concern.
Polish Development Fund (PFR) President Pawel Borys wrote in the daily Puls Biznesu on Friday that "Poland's economic growth will likely slow down to 3-3.5 percent in 2020."
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