Poland - Factors to Watch August 19
Poland - Factors to Watch August 19 WARSAW, Aug 19 - The following are significant news stories, press reports and events on Wednesday. ALL TIMES GMT (Poland: GMT + 2 hours):
FOOD PRICES
Food prices in Poland fell by 0.8% year-on-year in July, while inflation stood at 3%, Rzeczpospolita daily reported, citing data from the statistical office. Economists said that food prices may continue to decline in August, but could begin to rise in the coming months.
DEBT
On Wednesday at 0930, the Polish Ministry of Finance will hold an auction of bonds worth 7.0-12.0 billion zlotys ($1.88 billion-$3.21 billion).
POLISH BUS ACCIDENT
A Hungarian court on Tuesday ordered the continued detention of a Polish bus driver suspected of falling asleep at the wheel, resulting in a crash that killed 12 people and injured dozens in eastern Hungary early on Sunday.
DINO POLSKA DNP.WA
Polish grocery retail chain Dino Polska DNP.WA is expected to report a fall in second-quarter net profit to 376 million zlotys ($100.7 million), down 5.5% from a year earlier, as food price deflation and rising costs weigh on its margins.
****Reuters has not verified stories reported by Polish media and does not vouch for their accuracy.****
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(Reporting by Warsaw Bureau)
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