Producer prices in Poland decreased 1.6 percent over a year earlier in September of 2020, following an upwardly revised 1.3 percent fall in the prior month and compared with market expectations of a 1.4 percent decline. It was the seventh consecutive month of producer deflation, led by manufacturing cost (-2.5 percent vs -2.2 percent in August). Meanwhile, prices advanced faster for mining & quarrying (5.4 percent vs 5.1 percent) and water supply, sewerage, waste management & remediation activities (6.1 percent vs 5.9 percent). At the same time, inflation remained steady for electricity, gas, steam & air conditioning supply (at 2.1 percent). On a monthly basis, producer prices went up 0.1 percent, following a revised 0.4 percent decrease in the prior month. source: Central Statistical Office of Poland (GUS)
Producer Prices Change in Poland averaged 8.04 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 October of 2020.
Producer Prices Change in Poland is expected to be -1.00 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 1.30 in 12 months time. In the long-term, the Poland Producer Prices Change is projected to trend around 1.20 percent in 2021 and 1.80 percent in 2022, according to our econometric models.