Polish Aug inflation sinks to 1.5 pct yr-on-yr, well below expectations

Sep 13, 2007 - Polish consumer price inflation showed a shock drop to 1.5 pct in August from 2.3 pct a month earlier, compared to market expectations of 1.9 pct, statistics office data showed.

The office said consumer prices fell 0.4 pct month-on-month.

The office's data also showed clothing and shoes prices fell 7.5 pct year-on-year, while recreation costs fell 2.7 pct and telephone costs 2.4 pct. Food and non-alcoholic drinks rose 3.1 pct year-on-year, while fuel prices fell 0.5 pct.