Poland's inflation in June was at 15.5% year on year, which was the highest level in 25 years - Statistics Poland said on Friday. The last time consumer prices increase was higher happened in March of 1997, when inflation had reached 16.6%. Inflation in June turned out to be just slightly lower than as it had been predicted in a flash estimate earlier this month - 15.6% yoy.
Polish government agency Statistics Poland said on Friday (July 15) that inflation in June reached 15.5%, which meant it was the highest spike in prices since March of 1997, when it had stood at 16.6%.
"Consumer prices in June 2022, compared with the corresponding month of the previous year, increased by 15.5% (with an increase of prices of goods - by 16.8% and services – by 11.5%). As related to the previous month consumer prices increased by 1.5% (of which goods – by 1.7% and services – by 1.0%)" - Statistics Poland said on Friday.
"In June of the current year, compared with the previous month, the highest contribution to the total consumer price index came from higher prices related to Transport (by 6.6%), Dwelling (by 1.7%), Food (by 0.7%) and Recreation and culture (by 1.7%), which increased the index by 0.69 pp, 0.44 pp, 0.17 pp and 0.10 pp, respectively" - the agency added.
"Lower prices related to Clothing and footwear (by 1.4%) decreased the index by 0.06 pp. Compared with the corresponding month of the previous year, higher prices related to Dwelling (by 21.1%), Food (by 14.8%), Transport (by 33.4%), Restaurants and hotels (by 15.9%) and Recreation and culture (by 11.5%) increased the index by 5.25 pp, 3.60 pp, 3.14 pp, 0.76 pp and 0.70 pp, respectively," Statistics Poland informed.
Źródło: TVN24 News in English, Statistics Poland