Poland's HICP inflation rises to 4.2 pct y/y in September - Eurostat
Poland's harmonized annual HICP inflation rose to 4.2 percent year on year in September from 4.0 percent year on year in August, and edged up by 0.1 percent month on month, the European stats office Eurostat reported.
HICP is a harmonised index of consumer prices calculated according to the harmonised methodology of the Statistical Office of the European Union. The index is used to determine countries' compliance with Maastricht treaty inflation criteria necessary for euro adoption.
The maximum allowed inflation is set at 1.5 percentage points above the level of the three-year average of countries with the lowest result in the EU.
Data for HICP inflation are derived from household budget expenditures and national accounts for the CPI index - only from household budget expenditures.
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