Poland's August 2011 CPI up by 4.3% y/y.

By bne IntelliNews September 14, 2011
Poland's CPI inflation accelerated to 4.3% in August 2011 after slowing down to 4.1% y/y the previous month, statistics office data showed. The prices were driven up by transportation (7.9%), housing maintenance (5.8%), and food and beverages (4.5%). In monthly terms, prices remained flat in August after a 0.3% decline in July. The CPI in the food and beverages segment declined by 1.4% and of clothing and footwear - by 2.8%. PAP news agency conducted a poll among analysts, whose consensus forecasts were for a 4.1% annual inflation and a 0.4% monthly deflation. Deputy PM and economy minister Waldemar Pawlak commented that a CPI range of 3-4% would not affect negatively growth.

Related Articles

EC refers Poland to court for delay on renewable energy rules.

The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more

ZEW Economic Sentiment Indicator for Poland surges to 42.9pts in February.

The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more

FinMin: Poland to inject EUR 5.5bn of FX reserves to ECB upon euro-zone entry.

When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss