Inflation in Poland
Poland - Inflation
Inflation rises in September
Consumer prices increased 0.20% over the previous month in September, contrasting the 0.10% drop logged in August, according to a preliminary estimate. September’s print largely reflected higher prices for fuels for personal transport equipment.
Inflation came in at 3.2% in September, slightly above August’s 2.9%. Meanwhile, the trend was unchanged with annual average inflation coming in at August's 3.4% in September.
FocusEconomics panelists project inflation to average 3.2% in 2020, which is unchanged from last month’s forecast, and 2.4% in 2021, which is also unchanged from last month’s forecast.
Poland - Inflation Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %) | -0.9 | -0.6 | 2.0 | 1.6 | 2.3 |
Poland Inflation Chart
Source: Central Statistics Office.
Poland Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 2.07 | -0.30 % | Dec 31 |
| Exchange Rate | 3.79 | -0.53 % | Jan 01 |
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Economic News
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Poland: Central Bank stands pat in October
October 7, 2020
At its meeting on 7 October, the National Bank of Poland (NBP) kept the reference rate at its historic low of 0.10%, marking the fourth hold in a row and largely matching market expectations.
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Poland: Inflation rises in September
October 1, 2020
Consumer prices increased 0.20% over the previous month in September, contrasting the 0.10% drop logged in August, according to a preliminary estimate.
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Poland: PMI inches up marginally in September
October 1, 2020
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) ticked up to 50.8 in September from 50.6 in August.
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Poland: Business confidence improves in September, but remains in pessimistic territory
September 23, 2020
Manufacturing-sector business confidence came in at minus 6.2 in September, up from August's minus 6.6.
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Poland: Retail sales slow in August
September 21, 2020
Retail sales expanded 0.4% compared to the same month a year earlier in August, which was notably below July’s 2.7% rise.
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