Producer prices in Poland increased 2.6 percent year-on-year in April of 2019, accelerating from a 2.5 percent rise in the previous month and above market expectations of 2.5 percent. Cost advanced faster for manufacturing (2.2 percent from 2.1 percent in March); electricity, gas, steam & air conditioning supply (4.9 percent from 4.8 percent) and mining & quarrying (4.9 percent from 4.1 percent). On the other hand, prices slowed for water supply; sewerage, waste management and remediation activities (2.2 percent from 2.3 percent). On a monthly basis, producer prices went up 0.4 percent, following a 0.1 percent gain in March. Producer Prices Change in Poland averaged 8.45 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 2.10 in 12 months time. In the long-term, the Poland Producer Prices Change is projected to trend around 2.30 percent in 2020, according to our econometric models.