The National Bank of Poland held its benchmark reference rate at a record low of 0.1 percent on during its October meeting, amid a steep economic recession and rising inflationary pressure. The annual inflation rate picked up to 3.2 percent in September, remaining above the central bank’s medium-term target of 2.5 percent for an eleventh consecutive month. Also, the Lombard rate and the deposit rate were kept steady at 0.5 percent and 0 percent, respectively, and the rediscount rate was left unchanged at 0.11 percent.

Interest Rate in Poland averaged 6.47 percent from 1998 until 2020, reaching an all time high of 24 percent in March of 1998 and a record low of 0.10 percent in May of 2020. This page provides - Poland Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Poland Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: National Bank of Poland

Interest Rate in Poland is expected to be 0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Poland to stand at 0.10 in 12 months time. In the long-term, the Poland Interest Rate is projected to trend around 0.10 percent in 2021 and 0.50 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Poland Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.10 0.10 24.00 0.10 1998 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-06-16 12:25 PM Interest Rate Decision 0.1% 0.1% 0.1% 0.1%
2020-07-14 12:00 PM Interest Rate Decision 0.1% 0.1% 0.1% 0.1%
2020-09-15 12:00 PM Interest Rate Decision 0.1% 0.1% 0.1% 0.1%
2020-10-07 01:10 PM Interest Rate Decision 0.1% 0.1% 0.1% 0.1%
2020-11-04 12:00 PM Interest Rate Decision 0.1% 0.1%
2020-11-19 12:00 PM Monetary Policy Meeting Minutes
2020-12-02 12:00 PM Interest Rate Decision 0.1%
2020-12-17 12:00 PM Monetary Policy Meeting Minutes


News Stream
Poland Leaves Monetary Policy Unchanged
The National Bank of Poland held its benchmark reference rate at a record low of 0.1 percent on during its October meeting, amid a steep economic recession and rising inflationary pressure. The annual inflation rate picked up to 3.2 percent in September, remaining above the central bank’s medium-term target of 2.5 percent for an eleventh consecutive month. Also, the Lombard rate and the deposit rate were kept steady at 0.5 percent and 0 percent, respectively, and the rediscount rate was left unchanged at 0.11 percent.
2020-10-07
Poland Holds Key Interest Rate at 0.1%
The National Bank of Poland held its benchmark reference rate at a record low of 0.1 percent on September 15th of 2020, as expected after the inflation rate decreased to 2.9 percent in August, above the central bank’s medium-term target of 2.5 percent. Also, the Lombard rate and the deposit rate were kept steady at 0.5 percent and 0 percent, respectively, and the rediscount rate was left unchanged at 0.11 percent.
2020-09-15
Poland Leaves Monetary Policy Unchanged
The National Bank of Poland held its benchmark reference rate at a record low of 0.1 percent on July 14th of 2020, as expected even after inflation rate jumped to 3.3 percent in June, above the central bank’s medium-term target of 2.5 percent. Also, the Lombard rate and the deposit rate were kept steady at 0.5 percent and 0 percent, respectively, and the rediscount rate was left unchanged at 0.11 percent.
2020-07-14
Poland Holds Key Interest Rate at 0.1%
The National Bank of Poland held its benchmark reference rate at a record low of 0.1 percent on June 16th of 2020, in line with market expectations and following three consecutive cuts since March amid the coronavirus crisis. In May, the annual inflation rate eased to 2.9 percent, moving towards the central bank’s medium-term target of 2.5 percent. Also, the Lombard rate and the deposit rate were kept steady at 0.5 percent and 0 percent, respectively, and the rediscount rate was left unchanged at 0.11 percent.
2020-06-16

Poland Interest Rate
In Poland interest rates decisions are taken by the National Bank of Poland (Narodowy Bank Polski, NBP). The official interest rate is the Reference Rate.