Inflation in Poland

Poland Inflation | Economic News & Forecasts

Poland - Inflation

Inflation moderates in June

Consumer prices rose 0.10% from the previous month in June, coming in below May's 0.30% increase. June's result marked the softest rise in prices since December 2020. The more tepid rise was mainly driven by a fall in the price of clothing and footwear, despite an uptick in the cost of transport.

Inflation dropped to 4.4% in June, which followed May’s 4.7%. Meanwhile, the trend pointed up slightly, with annual average inflation coming in at 3.3% in June (May: 3.2%). Lastly, core inflation fell to 3.5% in June, from the previous month's 4.0%.

FocusEconomics panelists project inflation to average 3.9% in 2021, which is unchanged from last month’s forecast, and 3.1% in 2022.

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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