Inflation has slowed rapidly from its peak of 18.4% in February last year.
inflation
Inflation falls below 10% in Poland for first time since Russia’s invasion of Ukraine
Inflation slowed in September to 8.2% year-on-year, below analysts’ expectations of 8.5%.
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Poles set aside more savings following interest rate hikes
The value of new deposits put into savings accounts in Poland in the final quarter of 2021 was 9 billion zloty higher than in the previous quarter.
Poland forecast to have EU’s highest inflation this year
But it will also have the EU’s joint third highest GDP growth, according to new forecasts from the European Commission.
Polish government to scrap VAT on food and gas in latest anti-inflation package
The package will cost the state budget between 15 and 20 billion zloty.
Inflation reaches 8.6% in Poland after sixth consecutive monthly rise
The last time a higher figure was recorded was in November 2000.
Polish PM urges EU to allow VAT cuts on fuel and food to soften blow of inflation
“Very high prices resulting from EU climate policy” have caused “ordinary Polish families” to “suffer”, said Morawiecki.
Why has the Belarussian border crisis failed to boost support for Poland’s ruling party?
Aleks Szczerbiak
PiS’s poll ratings have fallen as other issues became more salient.
“Rising energy prices are cost of EU membership,” says Polish deputy PM
Jacek Sasin pointed to the high costs of EU carbon permits, which are particularly heavy for coal-reliant Poland.
Poland’s inflation jumps again to highest level since 2000, exceeding forecasts
Annual inflation reached 7.7% in November, the fifth consecutive monthly rise.
Polish government announces tax cuts to soften blow of inflation
The package – worth an estimated 10 billion zloty – is a response to the highest inflation in two decades.
Poland raises interest rates more than expected in response to soaring inflation
The NBP has raised its key rate by three quarters of a percentage point to 1.25%.
Inflation – already at highest in two decades – jumps to new peak in Poland
Poland’s central bank has started raising interest rates this month.
Poland lost 1,600 small shops in past year as Poles switch to discounters
Polish consumers say they are doing less frequent but bigger shopping trips.
