Inflation in Poland

Poland Inflation | Economic News & Forecasts

Poland - Inflation

Inflation moderates in July

Consumer prices dipped 0.1% over the previous month in July, contrasting June’s 0.6% jump. Lower prices for food and non-alcoholic beverages and for electricity, gas and other fuels more than offset rising prices for fuels for personal transportation. Core consumer prices in June (the latest month for which data is available) soared 0.7% in month-on-month terms, swinging from May’s 0.1% dip.

Inflation declined from 3.3% in June to 3.1% in July, and thus moved closer to the midpoint of the Central Bank’s target range of 2.5% plus or minus 1.0 percentage point. For its part, core inflation came in at 4.1% in June, up from May’s 3.8% and the highest print since December 2001.

All told, annual average inflation inched up from 3.3% in June to 3.4% in July, the highest reading since January 2013.

Poland - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)-0.9  -0.6  2.0  1.6  2.3  

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Poland Inflation Chart

Poland Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Central Statistics Office.

Poland Facts

Value Change Date
Bond Yield2.07-0.30 %Dec 31
Exchange Rate3.79-0.53 %Jan 01

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