Poland's producer prices increased 1 percent from a year earlier in December 2019, up from a 0.1 percent decrease in the previous month and slightly above market expectations of a 0.9 percent gain. Prices rebounded for manufacturing (0.7 percent vs -0.5 percent in November) and advanced faster for mining & quarrying (2 percent vs 1.1 percent). Meantime, inflation was steady for water supply (at 2.7 percent) and cost of electric, gas, steam & air conditioning supply slowed (2.7 percent vs 3.2 percent). On a monthly basis, producer prices edged up 0.1 percent. Producer Prices Change in Poland averaged 8.27 percent from 1991 until 2019, 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. source: Central Statistical Office of Poland (GUS)

Producer Prices Change in Poland is expected to be 0.50 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 2.20 in 12 months time. In the long-term, the Poland Producer Prices Change is projected to trend around 2.30 percent in 2020, according to our econometric models.


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Poland Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
1.00 -0.10 57.60 -2.80 1991 - 2019 percent Monthly
NSA



Calendar GMT Actual Previous Consensus TEForecast
2019-10-18 08:00 AM Sep 0.9% 0.9% 0.5% 0.6%
2019-11-22 09:00 AM Oct -0.1% 0.8% 0.2% 0.3%
2019-12-19 09:00 AM Nov -0.1% -0.3% 0.3% 0.2%
2020-01-22 09:00 AM Dec 1% -0.1% 0.9% 1%
2020-02-20 09:00 AM Jan 1%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
2019-12-19
Polish Producer Deflation Eases in November
Poland's producer prices edged down 0.1 percent from a year earlier in November 2019, following a revised 0.3 percent drop in the previous month and missing market expectations of a 0.3 percent rise. Manufacturing prices continued to decline (-0.5 percent vs -0.8 percent), while increases were seen in cost for electricity, gas, steam & air conditioning supply (3.1 percent vs 3.9 percent), water supply; sewerage, waste management & remediation activities (2.6 percent, the same as in October) and mining & quarrying (1.2 percent vs 1.8 percent). On a monthly basis, producer prices fell 0.2 percent.

2019-11-22
Poland Producer Prices Fall for First Time in Over a Year
Producer prices in Poland decreased 0.1 percent year-on-year in October of 2019, after a revised 0.8 percent rise in the previous month. It marked the first fall in producer prices since February of 2018, as manufacturing cost dropped (-0.6 percent vs 0.3 percent in September) while prices slowed for mining & quarrying (1.8 percent vs 4.0 percent); electricity, gas, steam and air conditioning supply (3.8 percent vs 4.1 percent) and water supply, sewerage, waste management & remediation activities (2.6 percent vs 2.7 percent). On a monthly basis, producer prices went down 0.4 percent, following an upwardly revised 0.4 percent gain in the previous month.

2019-10-18
Polish Producer Inflation Steady at 3-Month High
Producer prices in Poland increased 0.9 percent year-on-year in September 2019, the same pace as in the previous month and above market expectations of a 0.5 percent gain. Producer inflation remained at its highest level since May, as prices continued to rise for mining & quarrying (3.9 percent vs 2.2 percent in August). Meanwhile, cost slowed for electricity, gas, steam & air conditioning supply (4.0 percent vs 4.4 percent); water supply, sewerage, waste management & remediation activities (2.7 percent vs 2.8 percent) and manufacturing (0.3 percent vs 0.4 percent). On a monthly basis, producer prices went up 0.4 percent, following an upwardly revised 0.3 percent gain in the previous month.

2019-09-19
Polish Producer Inflation Below Forecasts
Producer prices in Poland increased 0.7 percent year-on-year in August of 2019, following a downwardly revised 0.5 percent rise in the previous month and below market expectations of a 0.8 percent gain. Prices advanced faster for water supply, sewerage, waste management & remediation activities (2.8 percent vs 2.3 percent in July) and mining & quarrying (2.3 percent vs 1.6 percent) while manufacturing cost went up 0.2 percent, after showing no growth in July. On the other hand, cost slowed for electricity, gas, steam & air conditioning supply (4.4 percent vs 5 percent). On a monthly basis, producer prices edged up 0.2 percent, following a 0.1 percent increase in July.

2019-08-21
Poland Producer Inflation Edges Up in July
Producer Prices in Poland increased 0.6 percent year-on-year in July of 2019, higher than a downwardly revised 0.5 percent gain in June and in line with market expectations, as mining & quarrying cost rebounded (1.7 percent vs -2.3 percent in June). On the other hand, prices advanced at a softer pace for manufacturing (a flat reading from 0.2 percent); electricity, gas, steam and air conditioning supply (5.1 percent vs 5.2 percent) and water & waste management supply (2.2 percent vs 2.4 percent). On a monthly basis, producer prices rose 0.1 percent after falling 0.5 percent in the previous month.

2019-07-18
Poland Producer Inflation Slows to 15-Month Low of 0.6%
Producer prices in Poland increased 0.6 percent year-on-year in June of 2019, easing further from a 1.4 percent gain in the previous month and slightly below market expectations of 0.7 percent. It was the lowest producer inflation since March 2018, as cost slowed for manufacturing (0.3 percent from 1.1 percent in May) and water and waste management supply (2.2 percent from 2.4 percent). Also, prices fell for mining & quarrying (-2.4 percent from 0.3 percent). On the other hand, cost advanced faster for electricity, gas, steam & air conditioning supply (5 percent from 4.7 percent). On a monthly basis, producer prices decreased 0.4 percent, after a 0.2 percent rise in May.


Poland Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.

Poland Prices Last Previous Highest Lowest Unit
Inflation Rate 3.40 2.60 46.50 -1.60 percent [+]
Inflation Rate Mom 0.80 0.10 76.70 -0.90 percent [+]
Consumer Price Index CPI 181.10 179.70 181.10 0.00 points [+]
Core Consumer Prices 103.11 102.60 115.89 99.59 points [+]
Core Inflation Rate 3.10 2.60 15.90 -0.41 percent [+]
GDP Deflator 106.45 105.95 106.45 41.44 points [+]
Producer Prices 105.90 106.30 106.70 51.60 points [+]
Producer Prices Change 1.00 -0.10 57.60 -2.80 percent [+]
Export Prices 108.30 103.50 1468.00 82.40 points [+]
Import Prices 99.20 101.40 1419.00 79.50 points [+]
Food Inflation 6.90 6.50 13.80 -3.70 percent [+]
Harmonised Consumer Prices 106.20 105.60 106.20 43.00 points [+]