Poland: Inflation increases in December
Latest reading: Inflation ticked up to 4.8% in December, following November’s 4.7%. Looking at preliminary data, the increase stemmed from higher price pressures for energy and a softer price decline for transport. Meanwhile, food prices grew at a largely steady pace.
Annual average inflation fell to 3.7% in December (November: 3.8%).
Lastly, consumer prices rose 0.20% from the previous month in December, which was below the 0.50% rise seen in November. December’s result marked the weakest reading since September.