Poland Inflation Eases In December

Poland’s consumer price inflation eased for the third straight month in December, preliminary data from Statistics Poland showed on Thursday.

The consumer price index rose 2.3 percent year-on-year in December, after a 3.0 percent increase in November. Economists had expected a 2.6 percent rise.

Prices for food and non-alcoholic beverages grew 0.7 percent yearly in December and those of electricity, gas and other fuels gained by 4.6 percent.

Meanwhile, prices of fuels for transport declined 9.4 percent.

On a month-on-month basis, consumer prices rose 0.1 percent in December.

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