Inflation reached 4.2% in July – the highest level this year – accelerating from 2.6% in June.
inflation
Polish government ends 0% VAT on food after two years
Poland's government has announced that it will end the 0% VAT rate on food that was introduced two years ago to help soften the blow of soaring inflation. The finance ministry argues that the recent slowing of price rises renders the measure no longer necessary....
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Police protest in Warsaw, demanding higher pay
Members of Poland’s uniformed services – including police, border guards, firefighters and prison guards – want pay rises to match soaring inflation.
Polish government to withdraw anti-inflation measures due to “threats from EU”
The prime minister assured that new measures would be put in place to protect households and businesses.
Poland’s development bank scraps bond auction after sharp rise in yields
Poland’s 10-year bond yields exceeded 9% for the first time in more than 20 years
Number of Poles living in extreme poverty falls 20%
But experts warn that soaring inflation, including rapidly rising energy prices, and the refugee crisis could see poverty rise again this year.
Inflation unexpectedly rises further in Poland to new 25-year high of 16.1%
“Ouch,” said analysts at mBank, commenting on inflation figures that exceeded most forecasts.
Inflation reaches 25-year high of 15.6% in Poland
The rises have been driven in particular by the prices of fuel and energy, which are up 46.7% and 35.3% year-on-year respectively.
Petrol and diesel prices in Poland have risen most in EU since Russia’s invasion of Ukraine
Petrol prices in Poland are up 35.57% and diesel 32.01%.
Poland’s central bank chief elected for further term
Adam Glapiński received the backing of the ruling party but the opposition has questioned whether he is legally entitled to another term.
Polish government blames soaring inflation on Russia’s war, but that’s only part of the story
Anna Rzhevkina
Russia’s actions account for around a third of inflation, say economists.
Poland wealthier than Portugal for the first time, show EU data
Poland has overtaken Portugal on Eurostat’s measure of GDP per capita taking account of purchasing power standards.
Ukraine war almost entirely to blame for inflation jump in March, says Polish central bank chief
Inflation in Poland reached 11% in March, up from 8.5% in February and the highest figure since the year 2000.
Poland announces plans to “de-Russify” economy with “anti-Putin shield”
The first part of the package aims to lower high food prices, give additional payments to pensioners and invest in energy independence.
