Consumer prices in Poland advanced 4.7 percent year-on-year in May of 2021, following a 4.3 percent hike in the prior month but slower than preliminary estimates of a 4.8 percent jump. It was the highest annual inflation rate since February of last year, primarily underpinned by prices of housing & utilities (6.0 percent vs 5.7 percent in April) and transportation (19.5 percent vs 16.2 percent). Upward pressure was also seen coming from recreation & culture (5.7 percent vs 5.4 percent), restaurants & hotels (5.0 percent vs 4.4 percent), and communication (6.6 percent vs 7.6 percent). On a monthly basis, consumer prices went up 0.3 percent, easing from a 0.8 percent gain in April and were in line with early estimates. source: Central Statistical Office of Poland (GUS)

Inflation Rate in Poland averaged 7.95 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 June of 2021.

Inflation Rate in Poland is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Poland to stand at 2.40 in 12 months time. 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.

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Poland Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.70 4.30 46.50 -1.60 1992 - 2021 percent Monthly
1998=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-30 08:00 AM Inflation Rate YoY Prel Apr 4.3% 3.2% 3.7%
2021-05-14 08:00 AM Inflation Rate YoY Final Apr 4.3% 3.2% 4.3% 4.3%
2021-06-01 08:00 AM Inflation Rate YoY Prel May 4.8% 4.3% 4.7%
2021-06-15 08:00 AM Inflation Rate YoY Final May 4.7% 4.3% 4.8% 4.8%
2021-06-30 08:00 AM Inflation Rate YoY Prel Jun 4.7%
2021-07-15 08:00 AM Inflation Rate YoY Final Jun 4.7%
2021-07-30 08:00 AM Inflation Rate YoY Prel Jul
2021-08-13 08:00 AM Inflation Rate YoY Final Jul
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Poland Inflation Rate Climbs Slower than Expected
Consumer prices in Poland advanced 4.7 percent year-on-year in May of 2021, following a 4.3 percent hike in the prior month but slower than preliminary estimates of a 4.8 percent jump. It was the highest annual inflation rate since February of last year, primarily underpinned by prices of housing & utilities (6.0 percent vs 5.7 percent in April) and transportation (19.5 percent vs 16.2 percent). Upward pressure was also seen coming from recreation & culture (5.7 percent vs 5.4 percent), restaurants & hotels (5.0 percent vs 4.4 percent), and communication (6.6 percent vs 7.6 percent). On a monthly basis, consumer prices went up 0.3 percent, easing from a 0.8 percent gain in April and were in line with early estimates.
2021-06-15
Poland Inflation Rate Highest since 2011
Poland’s annual inflation rate rose to 4.8 percent in May 2021, from 4.3 percent in the previous month, preliminary estimates showed. It was the highest inflation rate since November 2011, as prices soared for transport (33.0 percent vs 16.2 percent in April) and food & non-alcoholic beverages (1.7 percent vs 1.2 percent). Meantime, prices of housing & utilities rose less (4.4 percent vs 5.7 percent). On a monthly basis, consumer prices advanced 0.3 percent, easing from a 0.8 percent rise in the month prior.
2021-06-01
Poland Inflation Rate Rises to 13-Month High
Poland's annual inflation rate was confirmed at 4.3 percent in April of 2021, higher than 3.2 percent in the previous month. It was the fastest pace recorded since March last year, as prices soared for transports (16.2 percent vs 5.4 percent March), and inflation quickened for food and non-alcoholic beverages (1.2 percent vs 0.5 percent). In addition, deflation slowed for clothing & footwear (-0.3 percent vs -1.4 percent), and prices of housing & utilities continued to increase significantly (5.7 percent vs 6.0 percent). On a monthly basis, consumer prices advanced 0.8 percent, easing from a 1.0 percent jump in the month prior.
2021-05-14
Poland Inflation Rate Rises Above Market Expectations
Poland's consumer price inflation rate is expected to increase to 4.3 percent year-on-year in April 2021, the highest since last March and above market expectations of 3.7 percent, a preliminary estimate showed. Main upward pressure should come from a surge in the price of fuels for personal transport equipment (28.1 percent vs 7.6 in March), but also from rises in the cost of electricity, gas and other fuels (3.9 percent vs 4.2 percent), and food and non-alcoholic beverages (1.2 percent vs 0.5 percent). On a monthly basis, consumer prices are expected to advance 0.7 percent, also beating market forecasts of 0.3 percent.
2021-04-30

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.