Inflation in Poland
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
|Inflation Rate (CPI, annual variation in %)||0.9||0.0||-0.9||-0.6||2.0|
5 years of economic forecasts for more than 30 economic indicators.
Poland Inflation Chart
Source: Central Statistics Office.
|Bond Yield||2.74||-0.30 %||Jan 14|
|Exchange Rate||3.74||-0.53 %||Jan 14|
|Stock Market||59,113||-1.13 %||Jan 14|
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January 4, 2019
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).
January 2, 2019
The manufacturing Purchasing Managers’ Index (PMI), released by IHS Markit, experienced further downturn in December, dipping to 47.6 points (November: 49.5 points).
December 21, 2018
Nominal retail sales rose 8.2% from the same month a year earlier in November, down from October’s 9.7% year-on-year expansion.
December 21, 2018
Manufacturing-sector business confidence notched down in December, according to the business tendency indicators released by the Central Statistical Office (GUS).
December 19, 2018
According to the Central Statistical Office (GUS), industrial production expanded 4.7% in November over the same month a year earlier, down from October’s 7.4% reading on weaker gains in manufacturing.