Financial News: Poland Inflation Eases Less Than Estimated To 6.6%

Poland Inflation Eases Less Than Estimated To 6.6%

11/15/2023 - 06:53:00 (RTTNews)

(RTTNews) - Poland's consumer price inflation eased slightly less than initially estimated in October to the lowest level in nearly two years, the latest data from Statistics Poland showed on Wednesday.

The consumer price index climbed 6.6 percent year-over-year in October, slower than the 8.2 percent rise in September. In the initial report, the rate of increase was 6.5 percent.

Further, this was the weakest inflation rate since September 2021, when prices had risen 5.9 percent.

The annual price growth in food and non-alcoholic beverages eased to 8.0 percent in October from 10.4 percent in the prior month.

Housing and utility costs grew at a slower pace of 8.3 percent annually in October, versus a 9.5 percent surge in the previous month. Meanwhile, transport costs dropped sharply by 7.9 percent.

On a monthly basis, consumer prices moved up 0.3 percent in October after rising 0.9 percent a month ago.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

European Economic News Preview: Eurozone Final Factory PMI Due (01 hr(s), 15 min(s), 29 sec(s) ago)
(RTTNews) - Factory Purchasing Managers' survey results from the euro area and the UK are due ...Full Story»

South Korea Manufacturing Sector Steady In November - S&P Global (20 min(s), 31 sec(s) ago)
(RTTNews) - The manufacturing sector in South Korea was stagnant in November, the latest survey fr ...Full Story»

Indonesia Manufacturing Sector Picks Up Steam In November - S&P Global (10 min(s), 31 sec(s) ago)
(RTTNews) - The manufacturing sector in Indonesia continued to expand in November, and at a faster ...Full Story»

Philippines Manufacturing Sector Accelerates In November - S&P Global (05 min(s), 31 sec(s) ago)
(RTTNews) - The manufacturing sector in the Philippines continued to expand in November, and at a ...Full Story»

Taiwan Manufacturing Contraction Slows In November - S&P Global (55 min(s), 31 sec(s) ago)
(RTTNews) - The manufacturing sector in Taiwan continued to contract in November, albeit at a slow ...Full Story»

Malaysia Manufacturing PMI Ticks Higher In November - S&P Global (50 min(s), 31 sec(s) ago)
(RTTNews) - The manufacturing sector in Malaysia continued to contract in November, albeit at a sl ...Full Story»

Thai Manufacturing PMI Improves To 47.6 In November - S&P Global (40 min(s), 31 sec(s) ago)
(RTTNews) - The manufacturing sector in Thailand continued to contract in November, albeit at a sl ...Full Story»

Vietnam Manufacturing PMI Sinks To 47.3 In November - S&P Global (35 min(s), 31 sec(s) ago)
(RTTNews) - The manufacturing sector in Vietnam continued to contract in November, and at a faster ...Full Story»