Inflation in Poland

Poland Inflation (eop) | Economic News & Forecasts

Poland - Inflation (end of period)

Inflation inches down in October

Consumer prices increased 0.5% in October, following September’s 0.4% rise and marking the fastest increase in 10 months. September’s result was driven by an increase in the prices of clothing and footwear—due to the launch of new autumn collections—, transport, and gas, electricity and other fuels, which more than offset lower prices for recreation and culture.

Inflation came in at 2.1% in October, ticking down from September’s 2.2% reading and within the Central Bank’s 2.5% plus or minus 1.0 percentage point target band. Moreover, annual average inflation rose to an over four-year high of 1.7% from 1.5% a month earlier.

Core consumer prices grew by 0.3% over the previous month, up from September’s 0.1% rise. Nevertheless, core inflation edged down to 0.8% from 1.0% a month earlier.

FocusEconomics Consensus Forecast panelists expect inflation to average 2.1% in 2018, which is down 0.1 percentage points from last month’s projection. In 2019, the panel expects inflation to average 2.4%.

Poland - Inflation (eop) Data

2012  2013  2014  2015  2016  
Inflation Rate (CPI, annual variation in %, eop)2.4  0.7  -1.0  -0.5  0.8  

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Poland Inflation (eop) Chart

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

Poland Facts

Bond Yield3.41-0.30 %Nov 17
Exchange Rate3.59-0.53 %Nov 17
Stock Market63,047-1.13 %Nov 17

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Economic News

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