Inflation in Poland

Poland Harmonized Inflation | Economic News & Forecasts

Poland - Harmonized Inflation

Inflation steady in April

Consumer prices increased 0.3% in April over the prior month, contrasting March’s 0.1% drop. The increase was driven by higher prices for clothing and footwear, which was slightly offset by lower prices for alcoholic beverages and tobacco and fuel for personal transport.

Inflation came in at 2.0% in April, matching March’s reading. Inflation is thus within the Central Bank’s target band of 1.5%-3.5%. The annual average variation in consumer prices rose to 0.4% in April from 0.1% in March, the highest reading since August 2014.

Core consumer prices rose 0.6% in April from the previous month, above March’s 0.2%. Core inflation was 0.9% (March: 0.6%).

FocusEconomics Consensus Forecast panelists expect inflation to average 2.0% in 2017, which is up 0.1 percentage points from last month’s projection. In 2018, the panel also expects inflation to average 2.0%.

Poland - Harmonized Inflation Data

2011  2012  2013  2014  2015  
Inflation Rate (HICP, annual variation in %)3.9  3.7  0.8  0.1  -0.7  

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Poland Harmonized Inflation Chart

Poland Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Central Statistics Office.

Poland Facts

Bond Yield3.360.33 %May 24
Exchange Rate3.73-0.88 %May 24
Stock Market60,8120.67 %May 24

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