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Inflation in Poland at 1.8% year-on-year: flash estimate

Inflation in Poland at 1.8% year-on-year: flash estimate

WARSAW: Inflation in Poland stood at 1.8 percent year-on-year in August, the country’s Central Statistical Office (GUS) said on Thursday in a flash estimate.

Inflation stood at 1.7 percent year-on-year in July, 1.5 percent year-on-year in June and at 1.9 percent in May.

Meanwhile, prices in August fell 0.2 percent from July as deflation continued month-on-month.

Analysts approached by the PAP news agency had expected the prices of goods and services to rise by 1.8 percent in August year-on-year and to remain unchanged month-on-month.