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The Warsaw Voice » Business » May 16, 2014
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Polish HICP inflation down further to 0.3pct - Eurostat
May 16, 2014   
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Poland's harmonized annual HICP inflation measured 0.3% in April, down from the 0.6% annual reading for March, Eurostat said in a statement on Thursday.

Month on month, prices were up by 0.1%, the statement shows.

Poland's CPI as calculated by the Central Statistical Office (GUS) also measured 0.3% y/y in April.

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.
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