The US currency advanced against the Polish zloty in Friday’s New York morning deals from European session’s 5-week low of 3.0015. At 9:20 am ET, the greenback climbed to 3.0408 versus the zloty, compared to Thursday’s New York session close of 3.0228. At present, the pair is worth 3.0241.
The U.S. Labor Department said that the consumer price index rose by 0.3 percent in August, matching the increase that was seen in July. Economists had been expecting consumer prices to show a slightly more modest increase of about 0.2 percent.
Poland’s Central Statistical Office reported that industrial production climbed 13.5% year-on-year in August, faster than a 10.5% growth in the previous month, revised from 10.3% rise estimated earlier. Economists were looking for an increase of 13.3%.
On a monthly basis, industrial production slipped 1.8% in August, following a 5.9% fall in July, which was revised from 6.1% rise estimated initially. Manufacturing output dropped 2.2% and mining and quarrying output fell 1.5%.