Poland’s annual inflation rate accelerated to 12.4 percent in April of 2022 from 11 percent in the previous month. It was the highest reading since December of 1997, amid surging energy and raw materials prices, triggered by the war in neighbouring Ukraine. Main upward pressure came from food and non-alcoholic beverages (12.7 percent vs 9.2 percent); housing, water, electricity, gas and other fuels (19.5 percent vs 17.7 percent), alcoholic beverages (5.9 percent vs 5.3 percent) and restaurants and hotels (14.1 percent vs 12.7 percent). On a monthly basis, consumer prices rose 2 percent, matching initial estimates. source: Central Statistical Office of Poland (GUS)
Inflation Rate in Poland averaged 7.95 percent from 1992 until 2022, 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 May of 2022.
Inflation Rate in Poland is expected to be 9.30 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 6.40 percent in 2023 and 5.40 percent in 2024, according to our econometric models.