Poland Inflation June 2021

Poland

Poland: Inflation moderates in June

July 15, 2021

Consumer prices rose 0.10% from the previous month in June, coming in below May's 0.30% increase. June's result marked the softest rise in prices since December 2020. The more tepid rise was mainly driven by a fall in the price of clothing and footwear, despite an uptick in the cost of transport.

Inflation dropped to 4.4% in June, which followed May’s 4.7%. Meanwhile, the trend pointed up slightly, with annual average inflation coming in at 3.3% in June (May: 3.2%). Lastly, core inflation fell to 3.5% in June, from the previous month's 4.0%.

FocusEconomics panelists project inflation to average 3.9% in 2021, which is unchanged from last month’s forecast, and 3.1% in 2022.


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Poland Inflation June 2021 0

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


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