We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
SEARCH
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » March 17, 2014
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
Poland’s inflation accelerates less than estimated in Feb.
March 17, 2014   
Article's tools:
Print

Poland's February consumer prices advanced 0.7% from a year earlier, up from a revised 0.5% rate in January and versus consensus expectations for 0.9% year on year growth, the Central Statistical Office (GUS) said on Friday.

Prices rose 0.1% in February from the previous month, the same pace as in January.

"Monthly data indicate that despite the observed economic recovery, inflation pressure remains low (in the past three months price growth measured 0.1 m/m)," deputy Finance Minister Janusz Cichon said.
The minster also said that Poland's inflation rate likely won't enter the central bank's target inflation range of 1.5-3.5% this year even if it enjoys gradual growth.

"We forecast that even in the case of a gradual increase of inflation in the following months, its level won't exceed the lower end of the inflation target range," Cichon said.
© The Warsaw Voice 2010-2013
E-mail Marketing Powered by SARE