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PPI slows to 4.5% y-o-y in March


The producer price index (PPI) amounted to 4.5% y-o-y in March, the Central Statistical Office (GUS) announced. The figure came in below a market consensus of 4.8% y-o-y.

Of Poland’s main industrial sectors, the steepest price increase (up by 5.4% y-o-y) was noted in water supply, sewerage, waste management and remediation activities, followed by mining-quarrying (up by 4.8% y-o-y). In the manufacturing sector prices went up by 4.4% y-o-y and in electricity, gas, steam and air conditioning supply they increased by 3.6% y-o-y.

On a month-on-month basis the PPI was 0.1% in March.

In the first three months of 2012 producer prices grew by 6.1% y-o-y.

Producer price index in Poland (%, y-o-y), March 2011-March 2012

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