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PPI accelerates to 5% y-o-y in May


The producer price index (PPI) amounted to 5% y-o-y in May, the Central Statistical Office (GUS) announced. The figure is in line with market expectations.

Of Poland’s main industrial sectors, the steepest price increase (up by 7.3% y-o-y) was noted in electricity, gas, steam and air conditioning supply, followed by manufacturing (up by 4.9% y-o-y) and water supply, sewerage, waste management and remediation activities (up by 4.6% y-o-y). Prices in the mining-quarrying sector inched up by 0.8% y-o-y in May.

On a month-on-month basis the PPI amounted to 0.2%.

In the first five months of 2012 producer prices grew by 5.5% y-o-y.

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

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