LOGO
LOGO

European Economic News

Poland Feb. Output Price Inflation Eases More Than Expected

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Poland's producer price inflation slowed more than economists expected in February, data released by the Central Statistical Office showed Monday.

Output prices increased at a slower rate of 6.3 percent in February than the 7.9 percent growth recorded in January. Economists were looking for a 6.6 percent annual growth.

Producer prices in the mining and quarrying industry rose 5 percent year-on-year, while manufacturing prices moved up 6.6 percent. There was a 3.6 percent annual growth in the production of electricity, gas, steam and hot water during the month.

On a monthly basis, output prices decreased 0.3 percent in February, reversing the 0.1 percent rise seen in the previous month. Economists expected prices to remain unchanged month-on-month.

In the January-February period, producer prices advanced 7.1 percent from the same period a year earlier, the agency said.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19