Polish consumer prices rose by 2.2 percent year-on-year in February 2017, following a downwardly revised 1.7 percent increase in the previous month and above market expectations of a 2.1 percent gain. It was the highest inflation rate since December 2012, mainly due to rising cost of transport (11.2 percent from 8.7 percent in December), food and non-alcoholic beverages (3.9 percent from 3.3 percent) and housing and utilities (1.3 percent from 1.2 percent). On a monthly basis, prices increased by 0.3 percent, beating market estimates of a 0.2 percent gain. Inflation Rate in Poland averaged 8.88 percent from 1992 until 2017, 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.
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In Poland, the most important categories in the consumer price index are: Food and non-alcoholic beverages (24 percent of the total weight); Housing energy/maintenance (21 percent); Transport (9 percent); Recreation and Culture (7 percent). Alcohol and tobacco, Health, Other goods and services, and Clothing account for 6 percent each. Communication, Restaurants and Hotels, Household Equipment and Education account for the remaining 17 percent of total weight. 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 – actual data, historical chart and calendar of releases – was last updated on March of 2017.