Producer prices in Poland increased 2.5 percent year-on-year in March of 2019, easing from a 2.9 percent rise in the previous month and below market expectations of 2.6 percent. Cost slowed for manufacturing (2.2 percent from 2.6 percent in February) and mining & quarrying (4 percent from 6.6 percent). On the other hand, prices advanced faster for electricity, gas, steam & air conditioning supply (4.7 percent from 4.6 percent) and water supply; sewerage, waste management and remediation activities (2.3 percent from 2.2 percent). On a monthly basis, producer prices went up 0.2 percent, following a 0.5 percent increase in February. Producer Prices Change in Poland averaged 8.47 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 2.30 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 2.10 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.