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
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %) | 0.9 | 0.0 | -0.9 | -0.6 | 2.0 |
Poland Inflation Chart
Source: Central Statistics Office.
Poland Facts
| Value | Change | Date | |
|---|---|---|---|
| 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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Economic News
Poland: Inflation slips in December
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).
Poland: Manufacturing sector contracts sharply in December
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).
Poland: Retail sales cool in November
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.
Poland: Business confidence dips in December
December 21, 2018
Manufacturing-sector business confidence notched down in December, according to the business tendency indicators released by the Central Statistical Office (GUS).
Poland: Industrial output downshifts in November
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.
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