Electricity prices will be adjusted every 15 minutes based on supply and demand.
Electricity prices will be adjusted every 15 minutes based on supply and demand.
The Polish Economic Institute estimates inflation will fall to single-digit levels around October this year.
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The Polish government has called for a delay to the European Commission’s plan to reduce emissions by 55%.
Rising fuel prices amid rapid inflation could increase pressure on the government.
Exports of electricity are at their highest level in 15 years, which is further pushing up prices.
The August figure of 5.4% is the highest since June 2001.
Electricity prices rose faster in Poland last year than anywhere else in the EU.
Poland has recorded the highest or second highest level of inflation among all EU member states in every month since March 2020.
Poland has recorded the highest or second highest inflation among all EU member states in every month since February last year.
Real estate value has risen with low interest rates, high inflation and growing salaries.
It will instead help only “the most vulnerable consumers”.
The measures were part of a broader package to mitigate the economic fallout from the coronavirus crisis.
Maria Wilczek
Rising minimum wage and energy prices mean Poles will pay more for goods.