The annual inflation rate in Poland accelerated to 16.1 percent in August of 2022 from 15.6 percent in the previous month, the highest since October of 1996 and in line with preliminary estimates. Prices advanced faster for food and non-alcoholic beverages (17.5 percent vs. 15.3 percent in July), housing & utilities (27.4 percent vs. 25.3 percent), alcoholic beverages & tobacco (8.3 percent vs. 7.7 percent), and recreation & culture (12.6 percent vs. 11.3 percent). On the other hand, transport prices eased (19.5 percent vs. 27.7 percent). Monthly, consumer prices rose 0.8 percent, accelerating from a 0.5 percent gain in July and mostly in line with preliminary estimates. source: Central Statistical Office of Poland (GUS)
Inflation Rate in Poland averaged 8.03 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 September of 2022.
Inflation Rate in Poland is expected to be 13.30 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.