Poland's consumer price inflation was confirmed at 3.0 percent year-on-year in November 2020, down from 3.1 percent in the previous month. Prices rose at a softer pace for food and non-alcoholic beverages (2.0 percent vs 2.4 percent), housing, water, electricity, gas (7.4 percent vs 7.5 percent), and recreation and culture (3.0 percent vs 3.3 percent). At the same time, transport cost continued to fall (-4.4 percent vs -4.6 percent). On a monthly basis, consumer prices edged up 0.1 percent in November, the same pace as in October. source: Central Statistical Office of Poland (GUS)
Inflation Rate in Poland averaged 8.03 percent from 1992 until 2020, 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 December of 2020.
Inflation Rate in Poland is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Poland to stand at 1.50 in 12 months time. In the long-term, the Poland Inflation Rate is projected to trend around 1.60 percent in 2021 and 1.90 percent in 2022, according to our econometric models.