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Poland Inflation Slows In April

Poland's consumer price inflation eased in April, as estimated initially, final data from Statistics Poland showed on Friday.

The consumer price index climbed 3.4 percent year-on-year in April, after a 4.6 percent increase in March. This was in line with economists' expectation. The initial estimate released on April 30.

Prices for food and non-alcoholic beverages grew 7.4 percent annually in April. Prices for housing, water, electricity, gas and other fuels, and restaurants and hotels increased by 7.5 percent and 6.3 percent, respectively.

On a month-on-month basis, consumer prices decreased 0.1 percent in April, reversing a 0.1 percent rise in the preceding month. The initial estimate had shown no change from the previous month.

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