Producer Prices in Poland increased 0.6 percent year-on-year in July of 2019, higher than a downwardly revised 0.5 percent gain in June and in line with market expectations, as mining & quarrying cost rebounded (1.7 percent vs -2.3 percent in June). On the other hand, prices advanced at a softer pace for manufacturing (a flat reading from 0.2 percent); electricity, gas, steam and air conditioning supply (5.1 percent vs 5.2 percent) and water & waste management supply (2.2 percent vs 2.4 percent). On a monthly basis, producer prices rose 0.1 percent after falling 0.5 percent in the previous month. Producer Prices Change in Poland averaged 8.38 percent from 1991 until 2019, reaching an all time high of 57.60 percent in January of 1991 and a record low of -2.80 percent in January of 2015.
Producer Prices Change in Poland is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Poland to stand at 2.20 in 12 months time. In the long-term, the Poland Producer Prices Change is projected to trend around 2.30 percent in 2020, according to our econometric models.