Inflation In Poland Slows For First Time Since Mid-2021 - National Statistical Office
Sumaira FH Published November 30, 2022 | 06:40 PM
WARSAW (UrduPoint News / Sputnik - 30th November, 2022) Inflation rate in Poland has slowed for the first time since mid-2021, the main statistical office of the republic (GUS) reported.
According to preliminary GUS data, inflation in November was 17.4% year-on-year and 0.7% month-on-month. The last time inflation for the month was registered at a level lower than the previous month was in June 2021, the agency added.
According to the GUS, energy prices in Poland rose by 36.8% year on year, fuel prices up by 15.5%, and food and soft drinks jumped by 22.3% over the year.
Western countries have increased sanctions pressure on Russia since the start of its special operation in Ukraine. Disruptions in supply chains have led to higher fuel and food prices across the EU, driving inflation to record levels and causing the cost of living to soar. In October, Poland registered an annualized inflation rate of 17.9%, the highest since 1996.
Recent Stories
UAF to ink MoU with Ethiopian universities
IP rights crucial in achieving SDG : Jam Kamal
Commissioner urges effective action against electricity theft
PAK-EPA's clean lab boosts environmental analysis capabilities with advanced ICP ..
MoU was signed between Punjab Police, KIPS education system
Russia targets Ukraine railways as Western aid due to arrive
Football: French Ligue 1 table
Miner Anglo American rejects BHP's near $39-billion takeover bid
115 held for selling roti at higher rate
New Zealand cricket CEO visits PSCA, expresses satisfaction over security arrang ..
NAB Lahore holds open court, promises compensations for victims
2 injured over money dispute
More Stories From Business
-
IP rights crucial in achieving SDG : Jam Kamal
1 minute ago -
US stocks rebound on tech earnings, London hits new record
44 minutes ago -
SECP-IFSB workshop highlights Pakistan's progress in Islamic Finance Development
44 minutes ago -
SBP to announce monetary policy on April 29
44 minutes ago -
50pc cut in subsidy of BRT service likely: CM’s aide
2 hours ago -
PSX gains 771 points
3 hours ago
-
Pakistan, US hold 7th TIFA meeting to strengthen trade and investment ties
3 hours ago -
Meeting held to streamline trade between Pak-Afghan , Central Asian Republics
3 hours ago -
Coca-Cola invests an additional $22 million in Pakistan
3 hours ago -
SECP Introduces SECP-XS: A swift complaint resolution platform
3 hours ago -
SBP to announce monetary policy on April 29
2 hours ago -
London stocks hit new record peak on takeovers
2 hours ago