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As of September, Poland's inflation rate registered at 8.2% in year-on-year terms, as announced by the country's statistics office on Friday. This reading aligns with a flash estimate issued by

the state-run Statistics Poland (GUS) agency at the end of the previous month.

In August, consumer goods and services in Poland were 10.1% more expensive than the same month in the previous year, according to the GUS agency.

In July, the consumer price index in Poland was at 10.8%.

Poland's central bank governor, Adam Glapiński, has anticipated that the Polish economy will manage to evade a recession in 2023, with inflation expected to drop to single digits by the year's end.

The Polish central bank's Inflation Report, released on July 10, projected an average inflation rate of 11.9% for this year, followed by 5.2% in 2024 and 3.6% in 2025. The bank's Monetary Policy Council, responsible for setting interest rates, recently reduced key interest rates by an additional 25 basis points in response to diminishing signs of inflation. This comes after the panel had cut key interest rates by 75 basis points last month, marking the first adjustment to the country's interest rate policy in a year.