Inflation in Poland
Poland - Harmonized Inflation
Inflation comes in at highest level since December 1996 in October
Inflation came in at 17.9% in October, which was up from September’s 17.2%. October's figure marked the highest inflation rate since December 1996. Looking at the details of the release, transportation prices rose in October after dropping in the previous month, while price pressures for housing, water, electricity, gas and other fuels eased.
The trend pointed up, with annual average inflation coming in at 12.8% in October (September: 11.9%). Meanwhile, .
Lastly, consumer prices increased 1.80% in October over the previous month, picking up from the 1.60% rise recorded in September. October's figure marked the highest reading since April.
FocusEconomics panelists project inflation to average 7.4% in 2023, which is up 0.5 percentage points from last month’s forecast, and 4.9% in 2024.
Poland - Harmonized Inflation Data
|Inflation Rate (HICP, annual variation in %)||-0.7||-0.2||1.6||1.2||2.1|
5 years of economic forecasts for more than 30 economic indicators.
Poland Harmonized Inflation Chart
Source: Central Statistics Office.
|Bond Yield||2.07||-0.30 %||Dec 31|
|Exchange Rate||3.79||-0.53 %||Jan 01|
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December 5, 2022
GDP growth decelerated to 3.6% year on year in the third quarter, from 5.8% in Q2, amid notable decelerations in consumer spending and fixed investment growth.
December 1, 2022
The S&P Global Manufacturing Purchasing Managers' Index (PMI) came in at 43.4 in November, up from 42.0 in October.
November 28, 2022
Inflation came in at 17.9% in October, which was up from September’s 17.2%.
November 25, 2022
Business confidence rose to minus 20.6 in November from October's minus 21.1, which had marked the worst reading since May 2020.
November 24, 2022
Retail sales grew 18.3% in year-on-year terms in October, which followed September's 21.9% increase.