Inflation in Poland
Poland - Inflation (end of period)
Inflation edges up in July
Consumer prices edged down 0.2% in July from the previous month, mirroring June’s 0.2% decline. The result was driven by lower food and transport prices, which more than offset an increase in prices for recreation and culture.
Inflation came in at 1.7% in July, following June’s print of 1.5% and remaining within the Central Bank’s target band of 1.5% to 3.5%. The annual average variation in consumer prices rose to an over three-year high of 1.0% in July from 0.8% a month earlier.
Core consumer prices fell slightly to 0.1%, contrasting the flat reading in June. Meanwhile, core inflation came in at 0.8% in July, unchanged from June.
FocusEconomics Consensus Forecast panelists expect inflation to average 1.9% in 2017, which is unchanged from last month’s projection. In 2018, the panel expects inflation to average 2.0%.
Poland - Inflation (eop) Data
|Inflation Rate (CPI, annual variation in %, eop)||2.4||0.7||-1.0||-0.5||0.8|
5 years of economic forecasts for more than 30 economic indicators.
Poland Inflation (eop) Chart
Source: Central Statistics Office.
|Bond Yield||3.26||0.96 %||Sep 18|
|Exchange Rate||3.59||0.31 %||Sep 18|
|Stock Market||64,647||0.17 %||Sep 18|
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September 1, 2017
The Manufacturing Purchasing Managers’ Index (PMI) inched up from 52.3 in July to 52.5 in August, according to IHS Markit.
August 31, 2017
Poland’s economy slowed down slightly in Q2, according to a second estimate released by the Statistical Institute on 31 August.
August 24, 2017
Retail sales in July rose 7.1% over the same month in 2016, gaining momentum from June’s 6.1% rise.
August 24, 2017
In August, the manufacturing sector business climate index was flat at 7.4 points, according to the Business Tendency Survey released by the Central Statistical Office (GUS-BTS).
August 18, 2017
Industrial production grew 6.2% in July from the same month last year, which was a solid acceleration from June’s 4.5% growth.