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Polish inflation edges up in August to 4.3%

Polish inflation edges up in August to 4.3%

11:13, 30.08.2024
  David Kennedy;   TVP World, Statistics Poland
Polish inflation edges up in August to 4.3% Inflation in Poland rose to 4.3%, year on year, in August, 0.1 percentage points up on the July figure, according to a flash estimate released by Statistics Poland, the central statistics office.

Inflation in Poland rose to 4.3%, year on year, in August, 0.1 percentage points up on the July figure, according to a flash estimate released by Statistics Poland, the central statistics office.

Inflation rises to 4.3%, with utilities such as electricity being a major factor. Photo: Florian Gaertner/Photothek via Getty Images
Inflation rises to 4.3%, with utilities such as electricity being a major factor. Photo: Florian Gaertner/Photothek via Getty Images
Podziel się:   Więcej
August annual inflation flash estimate for Poland shows a rate of 4.3%. Source: Statistics Poland.
The slight increase came on the back of a fall in petrol and diesel prices, which dropped 0.9% down on July, and 1.7% down, year on year.

However, compared to last August, food prices were up 4.1%.
The largest effect on the overall cost of a basket of goods in Poland, used by statisticians to compare prices this year with last year came from electricity and gas prices.

Utilities tariffs were hiked in July when government subsidies, introduced in 2023 to ease the burden of high bills on to householders and businesses, were rolled back.

Bills in August were 10.3% higher than last August, according to the flash estimate.
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źródło: TVP World, Statistics Poland

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