Poland's net inflation declines to 1.0-1.1pct in November
December 16, 2013
Poland's net inflation likely declined to 1.0-1.1% in November from 1.4% in October, the Finance Ministry said after the release of November CPI data.
"Based on today's data we estimate that net inflation in November could have declined to 1.0-1.1% against 1.4% a month before," the ministry said.
The November data "come as a surprise for the Finance Ministry. We assumed it will rather be some 0.8-0.9%," the analysts also wrote.
In October, Poland's net inflation edged up to 1.4% y/y from 1.3% level in September, Poland's central bank (NBP) said on November 15.