Poland Inflation Slows In October

Poland’s consumer price inflation eased in October after rising in the previous month, preliminary data from Statistics Poland showed on Friday.

The consumer price index rose 3.0 percent year-on-year in October, after a 3.2 percent increase in September. Economists had expected 3.1 percent rise.

In August, inflation was 2.9 percent.

Prices for food and non-alcoholic beverages grew 2.3 percent yearly in October and those of electricity, gas and other fuels gained by 4.8 percent.

Meanwhile, prices of fuels for transport declined 9.2 percent.

On a month-on-month basis, consumer prices rose 0.1 percent in October.

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