Poland Inflation Falls to Lowest Level Since May 2024

The annual inflation rate in Poland accelerated to 3.0% year-on-year in July 2026 from 2.5% in the previous month, confirming preliminary estimates. The pickup was mainly driven by faster price growth for transport (7.0% vs 1.3% in June), reflecting a sharp rebound in transport costs, and alcoholic beverages and tobacco (6.9% vs 6.5%). Inflation also accelerated for information and communication (5.2% vs 4.0%) and recreation, sport and culture (5.4% vs 5.2%). In contrast, prices continued to decline for clothing and footwear (-3.6% vs -3.1%), while inflation eased for housing and utilities (4.5% vs 4.9%), health (4.9% vs 5.0%), education services (5.3% vs 6.0%), and restaurants and accommodation services (4.2% vs 4.5%). Food prices remained in deflation (-0.4% vs -0.2%). On a monthly basis, consumer prices rose 0.8%, rebounding from a 0.5% decline in June.

The annual inflation rate in Poland accelerated to 3.0% year-on-year in July 2026 from 2.5% in the previous month, according to preliminary estimates. The increase was mainly driven by faster price growth for fuels and lubricants for private means of transport (15.8%), while inflation for electricity, gas, and other fuels also accelerated to 4.0%. Meanwhile, prices for food and non-alcoholic beverages declined by 0.4%. On a monthly basis, consumer prices rose 0.8% in July, rebounding from a 0.5% decline in June and returning to growth after posting declines in the previous two months.

The annual inflation rate in Poland eased to 2.5% in June 2026 from 3.1% in the previous month, confirming preliminary estimates. This marked the lowest reading since February, as prices for food and non-alcoholic beverages declined (-0.2% vs. 0.5% in May). Deflation also persisted in furnishings, household equipment and routine household maintenance (-1.1% vs. -0.9%), while prices for clothing and footwear fell at a slower pace (-3.1% vs. -3.4%). Price growth also moderated in housing and utilities (4.9% vs. 5.0%), transport (1.3% vs. 5.6%), recreation, sport and culture (5.2% vs. 5.6%), health (5.0% vs. 5.1%), and information and communication (4.0% vs. 4.5%). Conversely, inflation accelerated for alcoholic beverages and tobacco (6.5% vs. 6.4%) and personal care, social protection, and miscellaneous goods and services (2.2% vs. 1.7%). On a monthly basis, consumer prices fell 0.5% in June, following a 0.3% decline in May.