Polish consumer price inflation (CPI) expanded 2.8% year on year in February (chart) to the lowest level in three years, data from Poland’s statistical office GUS showed on March 15. The inflation rate thus reached the National Bank of Poland’s (NBP’s) target within the 1.5%-3.5% band even though analysts expect that price growth will surge back up later this year. Analysts say that GUS’ changes in the weighting system ascribed to price categories affected the February reading, which came in at below the consensus line of 3.2% y/y. “The decrease in the annual inflation rate [also owed] to the …