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.

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Poland Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-04-29 08:00 AM Inflation Rate YoY Prel Apr 12.3% 11% 11.5% 10.5%
2022-05-13 08:00 AM Inflation Rate YoY Final Apr 12.4% 11% 12.3%
2022-06-01 08:00 AM Inflation Rate YoY Prel May 12.4%


Related Last Previous Unit Reference
Inflation Rate 12.40 11.00 percent Apr 2022
Inflation Rate Mom 2.00 3.30 percent Apr 2022
Consumer Price Index CPI 215.80 211.60 points Apr 2022
Core Consumer Prices 127.87 126.23 points Apr 2022
Producer Prices 132.00 125.80 points Mar 2022
Producer Prices Change 20.00 16.10 percent Mar 2022
Export Prices 118.60 97.20 points Jan 2022
Import Prices 125.40 109.70 points Jan 2022
Food Inflation 12.70 9.20 percent Apr 2022

Poland Inflation Rate
In Poland, the most important categories in the consumer price index are: Food and non-alcoholic beverages (24 percent of the total weight); Housing energy/maintenance (21 percent); Transport (9 percent); Recreation and Culture (7 percent). Alcohol and tobacco, Health, Other goods and services, and Clothing account for 6 percent each. Communication, Restaurants and Hotels, Household Equipment and Education account for the remaining 17 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
12.40 11.00 46.50 -1.60 1992 - 2022 percent Monthly
1998=100, NSA

News Stream
Poland Inflation Rate Rises More than Expected
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.
2022-05-13
Poland Inflation Rate Likely at Over 24-Year High
The annual inflation rate in Poland likely accelerated to 12.3 percent in April of 2022 from 11.0 percent in the prior month and well above market expectations of 11.5 percent. It was the highest reading since December of 1997, as the war in Ukraine strained global supply chains further and global commodity prices continued their steep ascent, while a massive inflow of Ukrainian refugees boosted demand. The central bank of Poland attributed 2.4 percentage points of inflation directly to the war in Ukraine. The steepest price increases came from fuels for personal transport equipment (27.8 percent), followed closely by prices of electricity, gas, and other fuels (27.3 percent), and lastly, food and non-alcoholic beverages (12.7 percent). On a monthly basis, consumer prices were seen rising 2.0 percent in April, slowing from a 26-year high rise of 3.3 percent in March.
2022-04-29
Poland Inflation Rate Hits 11% in March
Poland’s annual inflation rate accelerated to 11 percent in March of 2022 from 8.6 percent in the previous month and above preliminary estimates of 10.9 percent. It was the highest reading since July of 2000, amid surging energy and raw materials prices, underpinned by the war in neighboring Ukraine. Main upward pressure came from transport (24.1 percent); housing, water, electricity, gas and other fuels (17.7 percent), restaurants and hotels (12.7 percent) and food and non-alcoholic beverages (9.2 percent). On a monthly basis, consumer prices rose 3.3 percent, compared to initial estimates of 3.2 percent. Considering the first quarter of 2022, consumer prices advanced 9.7 percent from the previous year and 3.8 percent from the fourth quarter of 2021.
2022-04-15