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Financial News: Poland Inflation Accelerates In April

Poland Inflation Accelerates In April

05/02/2018 - 07:29:00 (RTTNews)

(RTTNews) - Poland's consumer price inflation accelerated for the first time in five months in April, and at a faster-than-expected pace, preliminary data from the Central Statistical Office showed Wednesday.

Consumer prices climbed 1.6 percent year-over-year in April, faster than the 1.3 percent rise in March. Inflation was forecast to increase to 1.5 percent.

Prices of food and non-alcoholic beverages grew 4.0 percent annually in April and utility costs went up by 1.6 percent.

On a monthly basis, consumer prices increased 0.5 percent in April.

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