Inflation in Poland

Poland Inflation | Economic News & Forecasts

Poland - Inflation

Inflation slips in December

A flash estimate released by the Central Statistical Office (GUS) revealed that consumer prices were stable from a month earlier in December (November: +0.0% month-on-month). December’s flat reading saw higher food and beverage prices offset by lower fuel costs. Core consumer prices fell 0.1% month-on-month in November—the latest month for which data is available.

Inflation fell to 1.1% from 1.3% in November, landing below the midpoint of the Central Bank’s target range of 2.5% plus or minus 1.0 percentage point. For its part, core inflation dipped to 0.7% in November.

Meanwhile, annual average inflation landed at 1.6% in December.


Poland Inflation Forecast


FocusEconomics Consensus Forecast panelists expect inflation to average 2.3% in 2019, which is down 0.1 percentage points from last month’s projection. For 2020, the panel sees inflation averaging 2.4%.

Poland - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)0.9  0.0  -0.9  -0.6  2.0  

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Poland Inflation Chart


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

Poland Facts

ValueChangeDate
Bond Yield2.74-0.30 %Jan 14
Exchange Rate3.74-0.53 %Jan 14
Stock Market59,113-1.13 %Jan 14

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