On Monday, September 15, the Central Statistical Office said that consumer inflation in August 2025 fell to 2.9 percent. Slightly less positive information flows on Tuesday from the NBP. The central bank has announced the base inflation, which is higher. The main indicator was 3.2 percent.
In an analogous report from a month ago, the NBP reported that the base inflation in July was at the level of 3.3 percent. With the triangle in the front, the indicator lasts from the beginning of 2025.
How do you have new data for economists' forecasts? There is a slight profession. The average estimates suggested that base inflation would fall more – from 3.3 to 3.1 percent.
Basic inflation – what does it show?
What is base inflation and why is it so important? In it Food and energy prices are turned off, which can be very variable and there is a great impact on, among others global situation.
Basic inflation is even more important than ordinary consumer inflation, because on its basis you can better assess the situation in the economy and forecast future price changes.
“When calculating basic inflation indicators, price changes are subjected to various segments of this basket. This allows you to better identify the sources of inflation and forecast its future trends more accurately. It also allows you to determine to what extent the inflation is lastingand in which it is shaped, e.g. by short -term changes in prices caused by unpredictable factors ” – explains NBP.
The most commonly used indicator is the inflation indicator after turning off the prices of food, energy and fuels. It shows the price trends of these goods and services, which the monetary policy pursued by the Central Bank has a relatively large impact.
The central bank also shows inflation indicators in other variants.
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