In January, consumer prices rose 0.7% over the previous month, which was above the 0.4% increase recorded in December. According to the Central Statistics Office (GUS), the rise was mainly influenced by higher food and transport prices. Despite the monthly increase, annual headline inflation slowed from 4.6% in December to 4.1% in January, remaining well above the Central Bank's target of 2.5% ( 1.0 percentage point) for a 13th consecutive month. The result, however, was below market expectations that had inflation moderating to only 4.3%. Core inflation, which excludes food and energy prices, inched up from 3.0% in November to 3.1% in December, the latest month for which data are available. The Central Bank estimates that inflation will end this year at 3.1%, before moderating further to 2.8% by the end of 2013.
Inflation slows at the beginning of 2011
February 15, 2012
Looking for forecasts related to Inflation in Poland? Download a sample report now.
Poland Economic News
October 12, 2016
According to the Central Statistical Office (GUS), consumer prices recorded flat growth over the previous month in September, which followed the 0.2% decrease recorded in August.
October 5, 2016
As anticipated by market analysts, the National Bank of Poland (NBP) decided to keep the reference rate at the record low of 1.50% at its 4–5 October monetary policy meeting.
October 3, 2016
The Manufacturing Purchasing Managers’ Index (PMI) rose from August’s 51.5 to a six-month high of 52.2 in September, according to IHS Markit.
September 30, 2016
According to a preliminary estimate released by the Central Statistical Office (GUS) on 30 September, consumer prices recorded flat growth over the previous month in September, which followed the 0.2% fall recorded in August. In annual terms, consumer prices dropped 0.5% in September, which was a less pronounced decline than the 0.8% fall recorded in August.
September 30, 2016
The manufacturing sector business climate index decreased from 4.8 points in August to 3.3 points in September, according to the Central Statistical Office’s Business Tendency Survey (GUS-BTS).