Consumer prices in October 2021, compared with the corresponding month of the previous year, increased by 6.8% (with an increase of prices of goods and services by 6,8% each). As related to the previous month consumer prices increased by 1.1% (of which goods by 1.3% and services by 0.3%), Statistics Poland said in its flash estimate released on Monday. This is a level unseen since May 2001, when inflation in Poland spiked up to 6.9%.
According to Statistics Poland, consumer prices in October 2021, compared with the corresponding month of the previous year, increased by 6.8% (with an increase of prices of goods and services by 6.8% each).
As related to the previous month consumer prices increased by 1.1% (of which goods by 1.3% and services by 0.3%), the institution added in a flash estimate.
Contribution of price changes to the total consumer price index
In October of the current year, compared with the previous month, the highest contribution to the total consumer price index came from higher prices related to Dwelling (by 2.0%), Transport (by 2.3%), Food (by 0.5%) and Clothing and Footwear (by 3.2%) which increased the index by 0.49 pp, 0.23 pp and by 0.13 pp each, respectively.
Lower prices related to Communication (by 0.3%) decreased the index by 0.02 pp. Compared with the corresponding month of the previous year, higher prices related to Dwelling (by 8.1%), Transport (by 22.1%) and Food (by 4.7%) increased the consumer price index by 2.04 pp, 1.95 pp and 1.18 pp, respectively.
Źródło: TVN24 News in English, stat.gov.pl
Źródło zdjęcia głównego: Shutterstock