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Inflation in Poland exceeded 16 percent in August

In contrast to July, the charges of goods and expert services increased by .8 p.c, as opposed with a expansion of .5 p.c in July. This is also an unpredicted discovering, as analysts thought that regular rate development would sluggish. They experienced predicted that it would reach .2-.3%.

Poland has the most significant financial system of the write-up-communist nations of Central and Eastern Europe. Of the Visegrad Group (V) countries, only the Czech Republic has a bigger inflation amount than Poland, where by inflation rose to 17.5 per cent in July. In addition to Poland and the Czech Republic, V4 members also involve Hungary and Slovakia.

The inflation amount in Hungary rose to 13.7 percent in July. In Slovakia, which staying the only V4 member of the euro zone, the July inflation level achieved 13.6%. In all V4 nations around the world, these are greatest for decades.

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