PPI inflation fell to 5.7% y/y in December
PPI fell by 0.8% m/m and the y/y figure declined to 5.7% in December from November's 7.3%, GUS reported yesterday. This is significantly better than market expectations of around 6.7-7.0% y/y for December and serves as further evidence of easing inflationary pressures. The PPI in processing industry, which may be regarded as an indicator of core PPI inflation, rose only 4.8% y/y in Dec, while prices in utilities and mining sectors rose 10.1% y/y and 9.5% y/y respectively.
Źródło:IntelliNews Daily
