Power prices for businesses would also fall by 20%, says President Karol Nawrocki.
prices
Poland sees the EU’s third-fastest rise in electricity prices
The country now also has the bloc’s second-most-expensive electricity, when taking cost of living into account.
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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....
Polish parliament votes to extend energy price freeze for first half of 2024
The outgoing ruling Law and Justice party argued that the price freeze should be extended for the whole of 2024.
Poland adopts dynamic electricity pricing amid growing share of renewables in energy mix
Electricity prices will be adjusted every 15 minutes based on supply and demand.
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.
Core inflation in Poland continues to rise, reaching 20-year high of 11.5%
Core inflation, which excludes volatile food and fuel prices, is seen as a more accurate indicator of prices that can be influenced by monetary policy.
Polish oil giant Orlen accused of inflating fuel prices
Wrocław’s public transport authority and opposition parties have called for an investigation into the “thieving monopoly” of Orlen.
Inflation unexpectedly slows to 17.4% in Poland, first fall since February
Analysts believe the figures mean inflation has peaked this year, but warn that it will rise again early next year.
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%.
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.
Polish PM and opposition leader clash over rising energy costs
Electricity bills are rising by 24% and gas bills by 54%.
Gas bills to rise 54% and electricity 24% in new year says, says Polish regulator
The government has pledged tax cuts and special allowances to help households cope.
Poland’s inflation jumps again to highest level since 2000, exceeding forecasts
Annual inflation reached 7.7% in November, the fifth consecutive monthly rise.
