Home Economy Poland Inflation Rises For Fifth Month

Poland Inflation Rises For Fifth Month

by RTTNews Staff Writer

Poland’s consumer price inflation rose for the fifth straight month in June, data from Statistics Poland showed on Friday.

The consumer price index grew 2.6 percent year-on-year in June, following a 2.4 percent increase in May. Economists expected the inflation to remain at the same rate.

Inflation was largely driven by higher prices for food and non-alcoholic beverages and fuels. Food and non-alcoholic beverages prices advanced 5.7 percent and that of fuels for transport gained 3.1 percent.

On a month-on-month basis, consumer prices rose 0.3 percent in June.

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