New data Inflation Rate MoM (Nov)
11/29/2024
actual 0.4, previous 0.3
The event is the release of the Inflation Rate Month-over-Month (MoM) for November in Poland. The actual inflation rate reported is 0.4%, which is higher than the previous month's rate of 0.3%. The estimate for this month was 0.3%, so the actual figure has exceeded expectations.This economic indicator measures the change in the price of goods and services from the previous month, providing insight into the rate of inflation in the country. Inflation can have significant impacts on the economy, including influencing central bank monetary policy decisions and affecting consumer purchasing power.
Given the medium impact level of this event, it is likely to be closely watched by market participants, economists, and policymakers for its implications on the Polish economy and the performance of the Polish Zloty (PLN) currency.
This is not investment advice. Remember to verify the information provided here.
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