Poland Producer Prices Fall More than Expected

Producer prices in Poland decreased by 2.3% year-on-year in February 2026, coming in slightly below market expectations of a 2.4% fall and easing from a 2.6% drop in the previous month. Deflation eased in manufacturing (2.3% vs -3.0% in January), although it deepened in electricity, gas, steam, and air-conditioning supply (-4.1% vs -1.6%). In addition, price growth slowed in mining and quarrying (1.2% vs 2.3%) and water supply, sewerage, waste management, and remediation activities (1.7% vs 2.0%). On a monthly basis, producer prices edged up 0.1% in February, after falling 0.3% in January.

Producer prices in Poland declined by 2.6% year-on-year in January 2026, exceeding market expectations of a 2.3% fall and following a 2.5% drop in the previous month. This marked the steepest fall since December 2024, amid continued declines in prices for manufacturing (-2.9% vs -2.8% in December 2025) and electricity, gas, steam, and air-conditioning supply (-2.0% vs -1.1%). At the same time, producer inflation on water supply, sewerage, waste management, and remediation activities edged down (2.0% vs 2.1%). Meanwhile, prices for mining and quarrying rebounded (2.3% vs -0.2%). On a monthly basis, producer prices decreased by 0.3%, easing slightly from a 0.4% fall in the previous month.

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.