Polish HICP inflation hits 1.6% y/y in January - Eurostat
March 1, 2013
Poland's harmonized annual HICP inflation measured 1.6% year on year in January, down from 2.2% in December, Eurostat said in a statement.
Month on month, prices were up by 0.1%, the statement shows.
HICP is used to determine countries' compliance with Maastricht treaty inflation criteria, necessary for euro adoption. The maximum allowed inflation is set at 1.5 pp above the level of three-year average of countries with the lowest result in the EU.