DATA SNAP: Poland March CPI +2.5% On Yr, Above Expectations

DATA SNAP: Poland March CPI +2.5% On Yr, Above Expectations

Of DOW JONES NEWSWIRES

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March Consumer Price Index     !                      !
            Mar      Feb      !  Consensus: YY +2.4% !
  Month    +0.5%    +0.3%*    !                      !
  Year     +2.5%    +1.9%*    !  Actual:    YY +2.5% ! !
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WARSAW (Dow Jones)--Poland's annual inflation rate rose sharply to 2.5% in March, from 1.9% in February, according to figures released Friday by the Central Statistical Office, or GUS.

The headline consumer price index exceeded analysts' average forecast of 2.4% annual inflation.

Month-on-month, March consumer prices increased 0.5%, compared with February's 0.3% rise, GUS said. The figures are preliminary.

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April 13, 2007 08:01 ET (12:01 GMT)

Source: By Marek Strzelecki, fxstreet.com