Poland's inflation expectations index rises to 37.9 pts in April - EC
Poland's inflation expectations index has risen to 37.9 points in April from 36.6 points in March, according to data from the European Commission published on Tuesday.
Respondents are asked how they think prices will develop over the next 12 months.
The indicator does not consider the fraction of respondents expecting prices to rise, but at a slower rate than currently perceived.
It is created by adding the percentage of respondents expecting prices to rise faster to the percentage of those expecting the same price increase divided by two and subtracting from this sum the percentage of those expecting prices to fall and half the percentage of responses indicating price stability.
The indicator is published after deseasonalisation.
The inflation expectations index is a part of the harmonised Economic Sentiment Indicator (ESI), published on a monthly basis for the 27 EU countries by the European Commission's Directorate-General for Economic and Financial Affairs (DG EcFin).
In the case of Poland, it is based on surveys conducted by GfK Polonia during the first 12 days of the month, on a sample of at least 1,020 people.
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