Reading provides further justification for Poland's rate-setters not to change their dovish outlook.
The boom Central and Eastern Europe has been enjoying for the last four years has reached its peak as countries in the region start to run up against their structural limits.
Almost half the population of the CEE region were glued to their tellies watching the FIFA World Cup between June 14 and July 15 this year. The Russian game against Croatia attracted the biggest TV audience in 20 years.
The reading sees inflation maintain the growth rate seen in June.
Colliers International warns of limitations to GDP growth and a threat of recession if the labour force squeeze caused by low unemployment and high emigration continues.
As the property boom in Central and Eastern Europe continues, investors are looking for new and lucrative niches to target. Except in Poland, the student accommodation segment has barely been exploited in the region but it has high potential.
The reading is in line with market consensus, keeping inflation at the highest point since December, but price growth is expected to moderate back to around 1.5% in the coming months.
Ruling PiS is in a hurry to seal the takeover of the judiciary by establishing control over the Supreme Court before the European Union – which considers Poland's judiciary reforms a threat to the rule of law – steps in.
Climate change is believed to be responsible for the heatwave afflicting northern Europe that has seen temperatures of over 30 degrees Celsius as far as 300 kilometres inside the Arctic Circle.
The ruling populists are in a hurry to seal the takeover of the judiciary by establishing control over the Supreme Court before the European Commission steps in to prevent the overhaul.