Poland： July Inflation Print Confirmed； Jump Caused by Rise in Energy Prices
Goldman Sachs·2024-08-15 02:24
14 August 2024 | 12:36PM BST Poland: July Inflation Print Confirmed; Jump Caused by Rise in Energy Prices Bottom Line: The final July inflation estimate confirmed the preliminary release, which showed inflation rising from +2.6%yoy in June to +4.2%yoy in July (in a downside surprise to consensus). The increase was mainly driven by higher utility inflation (Exhibit 1), which rose from -1.6%yoy in June to +10.1%yoy in July on the back of the recent partial expiry of energy price shields. Food inflation in Jul ...