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Financial News: Poland Inflation Slows For Second Month

Poland Inflation Slows For Second Month

10/31/2019 - 08:28:00 (RTTNews)

(RTTNews) - Poland's consumer price inflation eased for the second straight month in a row in October, flash data from Statistics Poland showed on Thursday.

The consumer price index climbed 2.5 percent year-on-year in October, following a 2.6 percent rise in September. Inflation was in line with economists' expectations.

Prices for food and non-alcoholic beverages grew 6.1 percent annually in October, while those of fuels for transport equipment and electricity, gas and other fuels declined by 4.7 percent and 1.7 percent, respectively.

On a monthly basis, consumer prices rose 0.2 percent in October. Economists had expected a 0.3 percent increase.

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