Poland Inflation June 2021

Poland

Poland: Inflation recedes in June

June 30, 2021

Consumer prices rose 0.10% in June over the previous month, below the 0.30% rise recorded in May, according to a flash estimate. June's result marked the softest rise in prices since December 2020 and largely reflected easing price pressures for food and non-alcoholic beverages, as well as for electricity, gas and other fuels.

Inflation inched down to 4.4% in June, edging down from May’s 4.7%. Meanwhile, the trend pointed up mildly, with annual average inflation coming in at 3.3% in June (May: 3.2%).

FocusEconomics panelists project inflation to average 3.5% 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 June 2021

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


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