Annual inflation rate in Poland increased to 1.2 percent in February of 2019 from a downwardly revised 0.7 percent in the previous month and against market expectations of 1.1 percent. Prices rose faster for food and non-alcoholic beverages (2.1 percent from 0.8 percent in January); transport (2.5 percent from 1.9 percent); recreation & culture (1.3 percent from 1.2 percent) and for housing & utilities (0.6 percent from 0.2 percent). On the other hand, cost went up at a softer pace for furnishings, household equipment & routine household maintenance (0.6 percent from 0.9 percent). On a monthly basis, consumer prices went up 0.4 percent after a downwardly revised 0.2 percent fall in January and against market consensus of a flat reading. Inflation Rate in Poland averaged 8.35 percent from 1992 until 2019, reaching an all time high of 46.50 percent in April of 1992 and a record low of -1.60 percent in February of 2015.
Inflation Rate in Poland is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Poland to stand at 1.40 in 12 months time. In the long-term, the Poland Inflation Rate is projected to trend around 2.00 percent in 2020, according to our econometric models.