Poland’s consumer price inflation slowed for the second straight month in November, preliminary data from Statistics Poland showed on Tuesday.

The consumer price index rose 3.0 percent year-on-year in November, after a 3.1 percent increase in October. This was in line with economists’ expectations.

In September, inflation was 3.2 percent.

Prices for food and non-alcoholic beverages grew 2.0 percent yearly in November and those of electricity, gas and other fuels gained by 4.7 percent.

Meanwhile, prices of fuels for transport declined 9.2 percent.

On a month-on-month basis, consumer prices remained unchanged in November.

The material has been provided by InstaForex Company – www.instaforex.com


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