Poland Inflation December 2020


Poland: Inflation declines to lowest level since April 2019 in December

January 7, 2021

Consumer prices rose 0.10% from the previous month in December, unchanged from November's result, according to a preliminary reading and largely reflected rising prices for fuels for personal transport equipment.

Inflation came in at 2.3% in December, down from November’s 3.0%. December's reading represented the weakest inflation rate since April 2019. Annual average inflation edged down to 3.4% in December (November: 3.5%).

FocusEconomics panelists project inflation to average 2.3% in 2021, which is unchanged from last month’s forecast, and 2.4% in 2022.


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Poland Inflation Chart

Poland Inflation December 20 20

Note: Annual and monthly variation of consumer price index in %.
Source: Central Statistical Office (GUS).

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