Poland: Inflation dips in September

According to a flash estimate released by Statistics Poland, consumer prices rose 0.2% on a month-on-month basis in September, following August’s flat reading. Higher prices were recorded across the food, utilities and fuel categories.

Inflation dipped to 1.8% from 2.0% in August, the first slowdown in six months while remaining below the midpoint of the Central Bank’s target band of 2.5% plus or minus 1.0 percentage point. Annual average inflation was unchanged at August’s 1.9%.

Poland Inflation Forecast

FocusEconomics Consensus Forecast panelists expect inflation to average 1.9% in 2018, which is unchanged from last month’s projection. In 2019, the panel sees inflation averaging 2.4%, also unchanged from last month’s forecast.