June inflation falls to 1.4 percent

APA - Austria Presse Agentur
25-07-2005, 15:46

Warsaw (Puls Biznesu) – In June, net inflation (excluding food and fuel prices) fell to 1.4 percent year-on-year from 1.5 percent in May, the National Bank of Poland (NBP) said. “All key inflation figures in Poland fell below the lower target set by NBP as 2.5 percentage points plus/minus 1 percent. CPI fell to 1.4 percent, PPI rose only 0.1 percent.

Warsaw (Puls Biznesu) – In June, net inflation (excluding food and fuel prices) fell to 1.4 percent year-on-year from 1.5 percent in May, the National Bank of Poland (NBP) said. “All key inflation figures in Poland fell below the lower target set by NBP as 2.5 percentage points plus/minus 1 percent. CPI fell to 1.4 percent, PPI rose only 0.1 percent. The probability is high of staying in or below the NBP inflation target in short, medium and long horizon”, Stanislaw Kluza, chief economist of BGZ bank commented.Poland/Economy/Inflation

 

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Gospodarka / June inflation falls to 1.4 percent