The annual inflation rate in Poland likely accelerated to 15.6 percent in June of 2022 from 13.9 percent in the prior month. It was the highest reading since October of 1996, amid a surge in global commodity prices spurred by the Russia-Ukraine war. Main upward pressure came from fuels for personal transport equipment (46.7 percent), followed closely by prices of electricity, gas, and other fuels (35.3 percent), and lastly, food and non-alcoholic beverages (14.1 percent). On a monthly basis, consumer prices were seen rising 1.5 percent in June, slight lower than a 1.7 percent rise in May. source: Central Statistical Office of Poland (GUS)
Inflation Rate in Poland averaged 7.98 percent from 1992 until 2022, reaching an all time high of 46.50 percent in April of 1992 and a record low of -1.60 percent in February of 2015. This page provides the latest reported value for - Poland Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Poland Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Inflation Rate in Poland is expected to be 12.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Poland Inflation Rate is projected to trend around 6.40 percent in 2023 and 5.40 percent in 2024, according to our econometric models.