As predicted by analysts and the Ministry of Economy, the Central Statistical Office (GUS) announced that the year-on-year inflation rate in March dropped to 3.9% from 4.3% in February.
However, economists do not expect prices to continue cooling in the nearest future. “The inflation rate might stay within the 3.8-3.9 percent range. The April data will be affected by the recent increases in gas prices,” Monika Kurtek, analyst at Bank Pocztowy, told Rzeczpospolita.
Rising fuel prices are also worrying, since they might push the inflation rate up in the coming months.
From Warsaw Business Journal
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