Annual inflation rate in Poland is seen falling to 2.9 percent in May of 2020 from 3.4 percent in the previous month, which would be the lowest rate since November, preliminary estimates showed. Prices slowed for food & non-alcoholic beverages (6.1 percent vs 7.4 percent in April) and cost fell for fuels for personal transport equipment (-23.4 percent). On a monthly basis, consumer prices edged down 0.2 percent, the biggest monthly drop since February of 2018.

Inflation Rate in Poland averaged 8.12 percent from 1992 until 2020, 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. This page provides the latest reported value for - Poland Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Poland Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Central Statistical Office of Poland (GUS)

Inflation Rate in Poland is expected to be 2.40 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 1.20 in 12 months time. In the long-term, the Poland Inflation Rate is projected to trend around 3.60 percent in 2021 and 2.50 percent in 2022, according to our econometric models.

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Poland Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.90 3.40 46.50 -1.60 1992 - 2020 percent Monthly
1998=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-15 08:00 AM Inflation Rate YoY Mar 4.6% 4.7% 4.4% 4.5%
2020-04-30 08:00 AM Inflation Rate YoY Prel Apr 3.4% 4.6% 3.6%
2020-05-15 08:00 AM Inflation Rate YoY Final Apr 3.4% 4.6% 3.4% 3.4%
2020-05-29 08:00 AM Inflation Rate YoY Prel May 2.9% 3.4% 3.4% 2.5%
2020-06-15 08:00 AM Inflation Rate YoY Final May 3.4% 2.9% 2.9%
2020-06-29 08:00 AM Inflation Rate YoY Prel Jun 2.4%
2020-07-15 08:00 AM Inflation Rate YoY Final Jun 2.4%
2020-07-31 08:00 AM Inflation Rate YoY Prel Jul


News Stream
Poland Inflation Rate at 6-Month Low of 2.9%
Annual inflation rate in Poland is seen falling to 2.9 percent in May of 2020 from 3.4 percent in the previous month, which would be the lowest rate since November, preliminary estimates showed. Prices slowed for food & non-alcoholic beverages (6.1 percent vs 7.4 percent in April) and cost fell for fuels for personal transport equipment (-23.4 percent). On a monthly basis, consumer prices edged down 0.2 percent, the biggest monthly drop since February of 2018.
2020-05-29
Poland Inflation Rate Confirmed at 4-Month Low of 3.4%
The annual inflation rate in Poland fell to 3.4 percent in April of 2020 from 4.6 percent in the previous month, matching a preliminary reading and market expectations. It was the lowest inflation rate since December, amid the effects of lockdown measures to curb the spread of the coronavirus. Prices slowed mostly for food & non-alcoholic beverages (7.4 percent vs 8 percent in March); recreation & culture (2 percent vs 2.5 percent) and miscellaneous goods & services (1.5 percent vs 2.6 percent). In addition, lower costs were recorded for transport (-9.9 percent vs -1.4 percent) and clothing & footwear (-3.4 percent vs -1.7 percent). On the other hand, inflation remained sharp for housing & utilities (at 7.5 percent) while it quickened for alcoholic beverages & tobacco (4.9 percent vs 4.3 percent) and health (4.4 percent vs 2.2 percent).On a monthly basis, consumer prices dropped 0.1 percent, instead of being flat and after increasing 0.2 percent in the previous month.
2020-05-15
Poland Inflation Rate Slows to 4-Month Low in April
The annual inflation rate in Poland dropped to 3.4 percent in April 2020 from 4.6 percent in the previous month, a preliminary estimate showed. Prices slowed for food and non-alcoholic beverages (7.4 percent compared to 8.0 percent in March); and utilities (5.2 percent compared to 5.5 percent). Additionally, cost of fuel for personal transport dropped further (-18.8 percent compared to -2.9 percent). On a monthly basis, consumer prices were unchanged, after increasing 0.2 percent in March.
2020-04-30
Polish Inflation Rate Slows from 8-Year High
The inflation rate in Poland eased to 4.6 percent year-on-year in March 2020 from an over eight-year high of 4.7 percent in the previous month and compared to market expectations of 4.4 percent. Recreation and culture prices rose at a softer pace (2.5 percent vs 3.7 percent), while transport costs fell into deflationary territory (-1.4 percent vs 1.4 percent). Meanwhile, upward pressure came from food and non-alcoholic beverages (8.0 percent vs 7.5 percent), housing and utilities (7.5 percent vs 7.3 percent), alcoholic beverages and tobacco (4.3 percent vs 4.1 percent), health (4.2 percent vs 3.7 percent), and miscellaneous goods and services (2.6 percent vs 2.1 percent).
2020-04-15

Poland Inflation Rate
In Poland, the most important categories in the consumer price index are: Food and non-alcoholic beverages (24 percent of the total weight); Housing energy/maintenance (21 percent); Transport (9 percent); Recreation and Culture (7 percent). Alcohol and tobacco, Health, Other goods and services, and Clothing account for 6 percent each. Communication, Restaurants and Hotels, Household Equipment and Education account for the remaining 17 percent of total weight.