Poland Producer Prices Fall More than Expected

Producer prices in Poland declined by 2.5% year-on-year in December 2025, more than market expectations of a 2.2% fall and a downwardly revised 2.3% drop in the previous month. This was the steepest fall in a year, amid continued declines in prices for manufacturing (-2.7% vs -2.4% in November), mining and quarrying (-1.7% vs -4.3%), and electricity, gas, steam, and air-conditioning supply (-1.6% vs -1.3%). Meanwhile, inflation picked up for water supply, sewerage, waste management, and remediation activities (1.7% vs 1.4%). On a monthly basis, producer prices decreased by 0.4%, reversing a 0.1% rise in November. For the full year of 2025, producer prices were 1.6% lower than in 2024.

Producer prices in Poland fell by 2.4% year-on-year in November 2025, slightly better than market expectations of a 2.5% drop but extending the 2.2% decline in October. This marked the sharpest fall since December 2024, as deflation worsened for manufacturing (-2.4% vs -2.3% in October) and electricity, gas, steam, and air-conditioning supply (-1.9% vs -0.8%). At the same time, price growth moderated for water supply and waste management (1.5% vs 1.9%). Meanwhile, deflation softened for mining and quarrying (-4.6% vs -6.0%). On a monthly basis, producer prices increased by 0.1%, reversing a downwardly revised 0.3% decline in the previous period.

Producer prices in Poland fell by 2.2% year-on-year in October 2025, surpassing market forecasts of a 1.8% decline from an upwardly revised 1.4% drop in the previous month. This marked the largest decrease in producer prices since December 2024, as costs fell further for mining and quarrying (-5.9% vs -4.4% in September) and manufacturing (-2.3% vs -1.4%). At the same time, price growth edged down for water supply and waste management (2.3% vs 2.4%). Meanwhile, costs fell at a softer pace for electricity, gas, steam, and air-conditioning supply (-1% vs -1.3%). On a monthly basis, producer prices dropped by 0.2% in October, following an upwardly revised 0.5% decrease in the preceding period.