Producer prices in Poland decreased 0.8 percent year-on-year in June of 2020, following an upwardly revised 1.7 percent fall in the previous month and compared to market expectations of a 1 percent drop. Output prices declined at a softer pace for manufacturing (-1.5 percent vs -2.4 percent in May) and those of mining & quarrying rebounded (3.6 percent vs -0.6 percent). Meantime, cost slowed for both electricity, gas, steam & air conditioning supply (1.9 percent vs 2.5 percent) and water supply; sewerage, waste management & remediation activities (5.8 percent vs 6 percent). On a monthly basis, consumer prices went up 0.4 percent, recovering from a 0.2 percent decrease in May.
Producer Prices Change in Poland averaged 8.12 percent from 1991 until 2020, reaching an all time high of 57.60 percent in January of 1991 and a record low of -2.80 percent in January of 2015. This page provides - Poland Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Poland Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Central Statistical Office of Poland (GUS)
Producer Prices Change in Poland is expected to be -1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Poland to stand at 0.80 in 12 months time. In the long-term, the Poland Producer Prices Change is projected to trend around 1.20 percent in 2021 and 1.90 percent in 2022, according to our econometric models.