Poland Inflation August 2018


Poland: Inflation stable in August

August 31, 2018

According to a flash estimate released by Statistics Poland, consumer prices were unchanged on a month-on-month basis in August, following July’s 0.2% decrease. Rising prices for electricity, gas and other fuels were largely balanced out by lower prices for food and non-alcoholic beverages.

Inflation was stable in August at July’s 2.0%, 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 also unchanged at July’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 2.3%.


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Poland Inflation Chart

Poland Inflation August 2018

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

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