There are preliminary data on May inflation. There is a surprise

On Friday, the Central Statistical Office (GUS) presented a quick estimate of the consumer price index for May. Preliminary data shows that consumer inflation amounted to 3.1 percent this month. year to year, compared to 3.2 percent a month earlier. On a month-to-month basis, there was a decrease of 0.3%.

– In May 2026, the prices of consumer goods and services according to the flash estimate were higher year-on-year by 3.1% (price index 103.1), and compared to the previous month they decreased by 0.3% (price index 100.3). – we read in the announcement published today by the Central Statistical Office.

Inflation down in May. The Minister of Finance does not hide his satisfaction

Today’s data are clearly lower than economists predicted. The market consensus was 3.7%. This is pointed out by the Minister of Finance and Economy, Andrzej Domański. – Inflation dropped to 3.1% in May. Clearly below analysts’ expectations, who expected an increase to 3.7%. The Polish economy once again shows resistance to external shocks – wrote the head of the Ministry of Finance and Economy on the X platform.

Data presented by the Central Statistical Office show that the category of fuel and lubricants for private means of transport had the greatest impact on the May reading, which increased by 12.3% last month. more expensive than a year earlier. Compared to April, there was a decline in this category by 0.1%.

In the electricity, gas and other fuels category, there was an increase of 5%. year to year (on a monthly basis, there were no changes this time). In turn, prices of food and non-alcoholic beverages increased by 0.5%. year to year (month to month there was a decrease of 0.1%).

The final data on consumer inflation for May will be released in the first half of next month.

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