Poland’s core inflation, which measures price growth without food and energy, eased growth to 5.4% year on year in February (chart) after growing 6.2% y/y the preceding month the National Bank of Poland (NBP) said on March 18. Core inflation growth thus eased in the 11th successive month in February in line with other easing inflation indicators. CPI growth eased 1.1pp to 2.8% y/y in February, the statistical office GUS said last week. Still, Santander Bank Polska said in a comment: “the price momentum in core inflation components – mainly in services – remains high and inconsistent with the i…