Retail

Poland's consumer prices up 2.5% YoY in May; goods prices up 1.2% YoY

16 Jun '24

1 min read

Poland's consumer prices up 2.5% YoY in May; goods prices up 1.2% YoY

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Poland's consumer prices rose by 2.5 per cent YoY in May this year, with the prices of goods rising by 1.2 per cent YoY.
Such prices increased by 0.1 per cent month on month (MoM) during May, with prices of goods rising by 0.1 per cent MoM.
A 0.4-per cent drop in prices of clothing and footwear decreased the consumer price index by 0.02 pp in the month.

Poland’s consumer prices increased by 2.5 per cent year on year (YoY) in May this year, with the prices of goods rising by 1.2 per cent YoY, according to Statistics Poland.

Such prices increased by 0.1 per cent month on month (MoM) during May, with prices of goods rising by 0.1 per cent MoM.

Compared with the previous month, the highest contribution to the total consumer price index (CPI) in May came from higher prices related to food, restaurants and hotels, and health, as well as alcoholic beverages and tobacco.

A 0.4-per cent drop in prices of clothing and footwear decreased the index by 0.02 percentage point (pp) in the month, a Statistics Poland release said.

Compared with the corresponding month of the previous year, lower prices related to clothing and footwear (by 0.2 per cent) decreased the index by 0.01 pp.

Fibre2Fashion News Desk (DS)

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