Argentina:
Inflation came in at 124.4% in August, up from July’s 113.4%. August’s figure represented the highest inflation rate since our...
Inflation in Poland
Consumer price inflation in Poland averaged 2.8% in the ten years to 2022, below the Eastern Europe regional average of 7.7%. The 2022 average figure was 14.3%. For more inflation information, visit our dedicated page.
Poland Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Poland from 2014 to 2023.
Source: Macrobond.
Poland Inflation Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 2.3 | 3.4 | 5.1 | 14.3 | 11.6 |
| Inflation (CPI, ann. var. %, eop) | 3.4 | 2.4 | 8.6 | 16.6 | 6.2 |
| Inflation (Core, ann. var. %, eop) | 3.1 | 3.7 | 5.3 | 11.5 | 6.9 |
Inflation increases in May
Inflation rose to 2.5% in May, up from April’s 2.4%. The rise was primarily driven by quicker growth in prices for housing and utilities, coupled with rebounding price pressures for transportation. That said, prices for food and non-alcoholic beverages grew at a softer pace. Annual average inflation fell to 6.1% in May (April: 7.0%). Finally, consumer prices increased 0.10% in May over the previous month, moderating from April's 1.10% increase. May's result marked the weakest reading since December 2023.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Polish inflation projections for the next ten years from a panel of 34 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Polish inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Polish inflation projections.
Want to get access to the full dataset of Polish inflation forecasts? Send an email to info@focus-economics.com.
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