Poland's annual inflation weakened more than economists expected in the month of March, latest data showed Monday.
Inflation as per the consumer price index slowed to 1 percent in in March from 1.3 percent in February, the Central Statistical Office said. Economists had forecast a deceleration to 1.1 percent.
Prices of food and non-alcoholic beverages gained 1.5 percent year-on-year, and housing costs moved up 1.9 percent. Meanwhile, there was a 5.2 percent fall in clothing and footwear prices, and a 0.5 percent decrease in transportation expenses.
Month-on-month, the consumer price index edged up 0.2 percent in March, after staying unchanged in the previous month. The monthly growth was forecast to be 0.3 percent.
In a separate report, the central bank said that Poland's current account deficit narrowed notably to EUR854 million in February from EUR1.69 billion in January. The shortfall was forecast to drop to EUR1.53 billion.
The goods trade account showed a surplus of EUR602 million in February, after recording a deficit of EUR8 million in January. The surplus in the services account increased to EUR343 million from EUR252 million.
The balance in the income account was a deficit of EUR1.41 billion, down from January's EUR1.64 billion shortfall. The current transfers deficit widened to EUR390 million from EUR294 million.
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.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.