Poland Inflation February 2021

Poland

Poland: Inflation drops in February

March 15, 2021

Consumer prices rose 0.50% in February over the previous month, after the 1.30% increase logged in January. Looking at the details of the release, February’s moderation came largely on the back of a softer increase in prices for housing and utilities compared to the previous month,

Inflation came in at 2.4% in February, which was down from January’s 2.6%. Accordingly, the trend pointed down mildly, with annual average inflation coming in at 3.1% in February (January: 3.3%). Core inflation edged down to 3.7% from the previous month's 3.9%.

FocusEconomics panelists project inflation to average 2.6% in 2021, which is up 0.2 percentage points from last month’s forecast, and 2.4% in 2022.


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Poland Inflation February 2021

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


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