Polish inflation shouldn’t exceed the central bank’s target “by much” as an increase in the value-added tax from next year boost consumer-price growth by 0.3 percentage points, Governor Marek Belka said.

Despite expectations of a better kharif output because of the widespread monsoon rains, the country’s food inflation hasn’t yet shown a definite sign of falling.

India’s benchmark wholesale-price inflation rate has stayed around or above 10 per cent since January. Food-price inflation accelerated to 10.86 per cent in the week to August 21 from 10.05 per cent the previous week, according to a statement from the commerce ministry on Friday.

Swiss inflation slowed for a fourth straight month in August, giving the central bank room to keep borrowing costs near zero.

Russian food price inflation will amount to 6-7 percent in 2010, but annual inflation will be the lowest in the last 20 years, the Kremlin’s senior economic aide Arkady Dvorkovich said on Friday.