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The Warsaw Voice » Business » July 17, 2013
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Polish HICP inflation at 0.2pct y/y in June - Eurostat
July 17, 2013   
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Poland's harmonized annual HICP inflation measured 0.2% year on year in June, down from 0.5% y/y in May, Eurostat said in a statement.
Month on month, prices were flat, the statement showed.

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.

Based on the Polish price basket, Poland's Central Statistical Office (GUS) calculated June inflation at 0.2% y/y and 0.0% m/m, GUS said on July 15.

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