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Poland’s core inflation bounces back

Polish core inflation index — measuring price growth without food and energy — grew 0.3pp to 4.3% y/y in September, the National Bank of Poland (NBP) said on October 16.

“The strong rise of Polish core inflation in September reflects some regulated price effects but also the impact of strong fiscal stimulus on consumption,” ING said in a comment.

Meanwhile, the headline indicator CPI also accelerated growth, adding 0.3pp to 3.2% y/y in the ninth month.

Source

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