Polish inflation slowed to its lowest rate in 17 months, making it more likely that the central bank will start cutting interest rates as early as in September.
Consumer prices in July rose 10.8% from a year earlier, compared with 11.5% in the previous month, according to preliminary data published on Monday. The reading was below the median estimate of 11% in a Bloomberg survey. Consumer prices fell 0.2% on the month.
Read More : Polish Inflation at 17-Month Low, Fueling Rate Cut Speculation