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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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.
Inflation in Poland highest in over two decades, exceeding forecasts
The August figure of 5.4% is the highest since June 2001.
Polish state energy giant calls for price deregulation with further rises expected
Electricity prices rose faster in Poland last year than anywhere else in the EU.
Poland posts record GDP growth amid strong pandemic recovery
Poland recorded a GDP growth of 10.7% year-on-year in the second quarter.
Poland equals highest inflation rate in two decades
Rising prices are piling pressure on Poland’s central bank to raise interest rates.
Inflation in Poland highest in a decade
Poland has recorded the highest or second highest level of inflation among all EU member states in every month since March 2020.
Poland with EU’s highest inflation, more than triple eurozone average
Poland has recorded the highest or second highest inflation among all EU member states in every month since February last year.
Poland records second fastest house price increase in Europe
Real estate value has risen with low interest rates, high inflation and growing salaries.
Inflation unexpectedly jumps in Poland, as businesses raise prices following lockdown
Costs are pushed up by domestic holiday-goers and “coronavirus” fees on services.
