While Poland’s headline inflation has begun to fall, core inflation – which excludes goods with the most volatile prices – has continued to rise.
While Poland’s headline inflation has begun to fall, core inflation – which excludes goods with the most volatile prices – has continued to rise.
Prices of food, transport and energy rose fastest.
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The measures were part of a broader package to mitigate the economic fallout from the coronavirus crisis.
Price of fruit, vegetable and meat – mainly pork – are driving the rise.
Wages for December were up 6.2% year on year.
CPI inflation for December reached a year-on-year level of 3.4%.
According the the latest International Monetary Fund’s forecast, the average inflation rate in Poland next year will reach 3.5% – the highest in all of the European Union.