Inflation in Poland
Poland - Inflation
Inflation comes in at highest level in over 20 years in September
Consumer prices rose 0.70% in September over the previous month, following August's 0.30% rise. September's uptick marked the highest reading since April. The print was largely due to rising prices for food and non-alcoholic beverages.
Inflation came in at 5.9% in September, which was up from August’s 5.5%. September's figure was the highest inflation rate since June 2001. Meanwhile, the trend pointed up slightly, with annual average inflation coming in at 3.9% in September (August: 3.7%). Lastly, core inflation rose to 4.2% in September, from the previous month's 3.9%.
FocusEconomics panelists project inflation to average 4.4% in 2021, which is up 0.2 percentage points from last month’s forecast, and 3.7% in 2022.
Poland - Inflation Data
|Inflation Rate (CPI, annual variation in %)||-0.9||-0.6||2.0||1.6||2.3|
5 years of economic forecasts for more than 30 economic indicators.
Poland 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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October 21, 2021
Retail sales expanded 11.1% in year-on-year terms in September, which was above August's 10.7% increase.
October 20, 2021
Industrial output increased 8.8% compared to the same month a year earlier in September, which followed August's 13.0% increase.
October 15, 2021
Consumer prices rose 0.70% in September over the previous month, following August's 0.30% rise.
October 1, 2021
The IHS Markit Manufacturing Purchasing Managers' Index (PMI) came in at a seven-month low of 53.4 in September, down from 56.0 in August.
September 23, 2021
Business confidence fell to minus 6.3 in October from minus 3.6 in September.