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2025-09-15 17:13:08
Poland's August inflation rate revised upward to 2.9%: (1) Poland's annualized inflation rate for August was revised upward to 2.9% from a preliminary estimate of 2.8% and a previous reading of 3.1%, reaching its lowest level since June 2024. (2) The growth rate of entertainment and cultural prices slowed (2.9% vs. 3.4% in July), while inflation declined in miscellaneous goods and services (1% vs. 1.7%), housing and utilities (4.2% vs. 4.4%), and food and accommodation (5.7% vs. 5.8%). (3) Transport prices continued to contract (-5.4% vs. -4.6%), while the declines in furniture, home appliances, and maintenance (-1.1% vs. -0.4%) and clothing and footwear (-1.5% vs. -1.3%) widened. (4) Communications prices accelerated (5.9% vs. 4.1%), while increases in alcohol, tobacco, and healthcare (6.6% vs. 6.5%) widened. 5. Price increases for food, non-alcoholic beverages (4.9%) and education (8.6%) remained unchanged from the previous month. 6. Consumer prices rose zero month-over-month in August, slightly exceeding expectations for a 0.1% decline and following a 0.3% increase in the previous month.
