Poland's core inflation decelerated in May, and matched economists' forecast, data released by the National Bank of Poland showed Wednesday.
Core consumer prices, excluding food and energy, increased 2.3 percent annually in May, after rising 2.7 percent in April, which was the highest rate in four months. The latest figure matched economists' expectations.
Month-on-month, core consumer prices remained unchanged in May, in line with economists' forecast. In April, core consumer prices rose 0.5 percent.
At the same time, Poland's consumer price inflation eased to 3.6 percent in May from 4 percent in the previous month. Compared to April, consumer prices edged up 0.2 percent during the month, after gaining 0.6 percent in the previous month.
by RTT Staff Writer
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