Inflation in August was 16.1% year on year - Poland's Central Statistical Office (Statistics Poland) announced on Thursday (Septemeber 15). Consumer prices have increased by more than 16% for the first time since March, 1997.
The final data regarding inflation in August 2022 is consistent with the flash estimate that was published a few weeks ago. To compare, inflation in July 2022 was at 15.6% year on year.
"Consumer prices in August 2022, compared with the corresponding month of the previous year, increased by 16.1% (with an increase of prices of goods – by 17.5% and services – by 11.8%)" - Statistics Poland said in a statement released on Thursday (September 15).
"As related to the previous month, consumer prices increased by 0.8% (of which goods – by 0.8% and services – by 0.7%)" - we read.
Statistics Poland also said that, compared with July 2022, the highest contribution to the total consumer price index in August "came from higher prices related to Dwelling (by 2.4%) and Food (by 1.6%), which increased the index by 0.62 pp and 0.40 pp, respectively".
"Lower prices related to Transport (by 5.1%) and Clothing and footwear (by 0.5%) decreased the index by 0.54 pp and 0.02 pp, respectively" - says the statement.
Compared to August 2021, "higher prices related to Dwelling (by 23.9%), Food (by 18.1%), Transport (by 19.5%), Restaurants and hotels (by 16.7%) and Recreation and culture (by 12.6%) increased the index by 5.97 pp, 4.35 pp, 1.90 pp, 0.80 pp and 0.78 pp, respectively".
Źródło: TVN24 News in English, Statistics Poland
Źródło zdjęcia głównego: fakty