The interest rate cut, from 6.75% to 6%, is Poland’s first in three and a half years.
inflation
Inflation slows in Poland to lowest level in over a year
The Polish Economic Institute estimates inflation will fall to single-digit levels around October this year.
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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.
World Bank: Polish economy more resistant to virus than others in region and could even benefit
“In the medium term, Poland may benefit from reshuffles within global supply chains.”
Coronavirus crisis highlights Poland’s reliance on migrant workers
Barbara Erling
Farmers are struggling to find native replacements amid the lockdown.
Poland the only EU country in which inflation forecast to increase this year
The slowdown in inflation amid the coronavirus fallout is unlikely to offset the large price increases at the start of the year.
Triple blow of drought, frost and lack of migrant workers will see food prices soar in Poland
Further price rises will add to what is already one of the world’s highest levels of inflation.
