P o l s k i e W i e ś c i

Saturday, November 6, 2010

Elevated Food Prices Seen as CPI Risk Factor in Coming Months

Elevated food prices may constitute an inflation risk factor in coming months, Finance Ministry deputy statistics director Slawomir Dudek told PAP Polish News Agency.

Poland's consumer inflation measured 2.9% y/y in October, on a 0.6% m/m price increase, latest estimate by the Finance Ministry showed.
According to Dudek, food prices grew by 1.4% m/m in October. 

Other price increases that contributed to October inflation spike included 1.1% m/m growth in clothes and footwear and 2.9% m/m increase in gas prices.

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