PMR Online access    |   tel. +48 12 340 51 00    |   E-mail:


Inflation hits 3.8% y-o-y in January


In our view, the quickening of inflation in January was not only a result of the VAT rise and the associated bout of forward buying in late 2010, but also reflects high global food and raw materials prices. We expect the CPI to firm up further in the months ahead, temporarily rising above the 4% y-o-y line. However, inflationary pressures should ease gradually in the second half of the year. We forecast that in 2011 the average annualised CPI will amount to 3.5%.

Paweł Sionko
Construction Market Analyst, PMR

Browse and search in our archive »

Free monthly e-letter containing latest news, analyses and business information on economic situation in Poland, Russia, Bulgaria, Czech Republic, Hungary, Romania, Slovakia, Ukraine, Kazakhstan.
Latest news

Useful links         Privacy Policy
Copyright © 2018 PMR. All rights reserved.

PMR is a British-American company providing market information, advice and services to international businesses interested in Central and Eastern Europe as well as other emerging markets. PMR key areas of operation include business publications (through PMR Publications), consultancy (through PMR Consulting) and market research (through PMR Research). With over fourteen years of experience, high international standards in projects and publications, highly skilled multilingual staff and a wide network of co-operating research companies and market experts, PMR is one of the largest companies of its type in the region.