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European Economic News

Poland Inflation Slows In May

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

Poland's inflation slowed to 0.5 percent in May from 0.8 percent in April, the Central Statistical Office reported Thursday. The rate was forecast to remain at 0.8 percent.

On a monthly basis, consumer prices dropped 0.1 percent, confounding expectations for 0.1 percent rise.

Cost of food and non-alcoholic beverages gained 1.6 percent annually, and dwelling cost rose 1.1 percent. Meanwhile, clothing and footwear cost fell 4.8 percent and transportation costs slipped by 4.2 percent.

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