Poland's consumer price inflation rate is expected to pick up to 3.2 percent year-on-year in March 2021, the highest since last September and above market expectations of 2.9 percent, a preliminary estimate showed. Upward pressure should come from fuels for personal transport equipment (7.6 percent), electricity, gas and other fuels (4.2 percent), and food and non-alcoholic beverages (0.5 percent). On a monthly basis, consumer prices are expected to increase 1.0 percent, also beating market forecasts of 0.7 percent. source: Central Statistical Office of Poland (GUS)

Inflation Rate in Poland averaged 7.97 percent from 1992 until 2021, 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 April of 2021.

Inflation Rate in Poland is expected to be 3.20 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 3.00 in 12 months time. In the long-term, the Poland Inflation Rate is projected to trend around 2.50 percent in 2022 and 2.20 percent in 2023, according to our econometric models.

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Poland Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.20 2.40 46.50 -1.60 1992 - 2021 percent Monthly
1998=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-15 09:00 AM Inflation Rate YoY Final Dec 2.4% 3% 2.3% 2.3%
2021-02-15 09:00 AM Inflation Rate YoY Jan 2.7% 2.4% 2.4% 2.1%
2021-03-15 09:00 AM Inflation Rate YoY Feb 2.4% 2.6% 2.6% 2.5%
2021-03-31 08:00 AM Inflation Rate YoY Prel Mar 3.2% 2.4% 2.9%
2021-04-15 08:00 AM Inflation Rate YoY Final Mar 2.4% 3.2% 3.2%
2021-04-30 08:00 AM Inflation Rate YoY Prel Apr
2021-05-14 08:00 AM Inflation Rate YoY Final Apr
2021-05-28 08:00 AM Inflation Rate YoY Prel May


News Stream
Poland Inflation Rate Rises to 6-Month High
Poland's consumer price inflation rate is expected to pick up to 3.2 percent year-on-year in March 2021, the highest since last September and above market expectations of 2.9 percent, a preliminary estimate showed. Upward pressure should come from fuels for personal transport equipment (7.6 percent), electricity, gas and other fuels (4.2 percent), and food and non-alcoholic beverages (0.5 percent). On a monthly basis, consumer prices are expected to increase 1.0 percent, also beating market forecasts of 0.7 percent.
2021-03-31
Poland Inflation Rate Slows More than Expected
The annual inflation rate in Poland eased to 2.4 percent in February 2021 from a downwardly revised 2.6 percent in the previous month and below market expectations of 2.6 percent, preliminary estimates showed. Prices advanced slower for housing & utilities (6.1 percent vs 7.6 percent in January); alcoholic beverages & tobacco (2.1 percent vs 3.4 percent); and food & non-alcoholic beverages (0.6 percent vs 0.8 percent); while transport prices were unchanged at 4.5 percent. On a monthly basis, consumer prices edged up 0.5 percent, following a 1.3 percent gain in January and also missing expectations of 0.6 percent.
2021-03-15
Polish Inflation Rate Picks Up to 2.7% in January
The annual inflation rate in Poland rose to 2.7 percent in January 2021 from 2.3 percent in the previous month and above market expectations of 2.4 percent, preliminary estimates showed. Upward pressure came from both food and non-alcoholic beverages (1.3 percent) and dwelling (6.4 percent). On the other hand, transport cost declined (-3.7 percent). On a monthly basis, consumer prices went up 1.2 percent, following a 0.1 percent gain in December and also beating expectations of 0.9 percent.
2021-02-15
Poland Inflation Rate Slows Less than Estimated
The annual inflation rate in Poland edged down to 2.4 percent in December 2020 from 3 percent in the previous month, slightly above preliminary estimates of 2.3 percent. The rate fell below the central bank's target of 2.5 percent, hitting its lowest level since May 2019, due to subdued demand amid the pandemic crisis. Prices slowed mostly for food & non-alcoholic beverages (0.8 percent vs 2 percent in November) and miscellaneous goods & services (2.1 percent vs 3.7 percent). In addition, costs fell further for transport (-5.7 percent vs -4.4 percent) and clothing & footwear (-4.1 percent vs -3.4 percent). On a monthly basis, consumer prices edged up 0.1 percent in December, the same pace as in November and in line with earlier estimates.
2021-01-15

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.