NBP: Poland’s net inflation at 0.3 per cent in October

Poland’s net inflation excluding food and energy prices accelerated to 0.3% y/y in October, with two out of four annual measures up and two flat from the September readings, Poland’s central bank (NBP) announced in a statement.

NET INFLATION READINGS:

October Sept. August July June
Base infl. exclu food & energy
y-o-y 0,3 0,2 0,4 0,4 0,2
m-o-m 0,2 -0,2 -0,1 0,2 -0,1
15% cut mean
y-o-y -0,1 -0,1 0,0 0,0 -0,2
m-o-m 0,0 0,0 0,0 0,0 0,0
Base infl. exclu regulated &
semi-regul. prices
y-o-y -1,0 -1,1 -0,9 -1,0 -1,2
m-o-m 0,1 -0,2 -0,4 -0,1 0,1
Base infl. exclu most volatile
y-o-y -0,2 -0,2 -0,1 -0,2 -0,3
m-o-m 0,1 0,0 -0,1 0,0 -0,1

The release follows word of October headline CPI deflation hitting 0.7%.

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