Producer Prices in Poland increased 2.20 percent year-on-year in January of 2019, higher than a downwardly revised 2.1 percent gain in December and slightly higher than market expectations of a 2.1 percent rise. Cost rose faster for mining (2.1 percent from 1.5 percent in December) and for production and supply of electricity, gas and steam (4.5 percent from 3.1 percent). On the other hand, producer inflation slowed for manufacturing (1.9 percent from 2.1 percent in December 2018) and was flat for supply of water and waste management (1.6 percent). On a monthly basis, producer prices rose 0.2 percent after falling 1 percent in December. Producer Prices Change in Poland averaged 8.50 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 2.00 in 12 months time. In the long-term, the Poland Producer Prices Change is projected to trend around 2.20 percent in 2020, according to our econometric models.