Poland Inflation March 2021

Poland

Poland: Inflation hits six-month high in March

March 31, 2021

According to a preliminary estimate, consumer prices increased 1.00% in March over the previous month, picking up from the 0.50% increase recorded in February and largely reflecting higher prices for fuels for personal transport equipment.

Inflation rose to 3.2% in March, following February’s 2.4% and marking a six-month high. Meanwhile, the trend pointed down slightly, with annual average inflation coming in at 3.0% in March (February: 3.1%).

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 March 2021

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


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