Poland’s annual inflation rate increased to 5.9 percent in September of 2021, up from 5.5 percent in the previous month and slightly above initial estimates of 5.5 percent. It was the highest inflation rate since June 2001, as prices grew mostly for transports (18.5 percent vs 17.8 percent in August), restaurants & hotels (7 percent vs 6.6 percent), and food & non-alcoholic beverages (4.4 percent vs 3.9 percent). Meanwhile, inflation eased for housing & utilities (6.9 percent vs 7.2 percent) and recreation & culture (4.8 percent vs 5.8 percent). On a monthly basis, consumer prices jumped 0.7 percent, following a 0.3 percent increase in August, above initial estimations of 0.6 percent increase. source: Central Statistical Office of Poland (GUS)
Inflation Rate in Poland averaged 7.92 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 October of 2021.
Inflation Rate in Poland is expected to be 5.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Poland Inflation Rate is projected to trend around 3.00 percent in 2022 and 2.40 percent in 2023, according to our econometric models.