Poland's annual inflation rate was confirmed at 4.3 percent in April of 2021, higher than 3.2 percent in the previous month. It was the fastest pace recorded since March last year, as prices soared for transports (16.2 percent vs 5.4 percent March), and inflation quickened for food and non-alcoholic beverages (1.2 percent vs 0.5 percent). In addition, deflation slowed for clothing & footwear (-0.3 percent vs -1.4 percent), and prices of housing & utilities continued to increase significantly (5.7 percent vs 6.0 percent). On a monthly basis, consumer prices advanced 0.8 percent, easing from a 1.0 percent jump in the month prior. source: Central Statistical Office of Poland (GUS)
Inflation Rate in Poland averaged 7.96 percent from 1992 until 2021, 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 May of 2021.
Inflation Rate in Poland is expected to be 4.50 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 2.40 in 12 months time. In the long-term, the Poland Inflation Rate is projected to trend around 3.00 percent in 2022 and 2.40 percent in 2023, according to our econometric models.