Polish inflation at 3.1% in July: flash estimate

Inflation in Poland stood at 3.1 percent in year-on-year terms in July, the country’s statistics office said in a flash estimate on Thursday.

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The figure was 0.1 percentage point higher than forecast by economists polled by Poland’s PAP news agency.

Check how the prices of groups of consumer goods and services changed according to the flash estimate in July 2025 as compared to July 2024.https://t.co/KNK8iRx382#StatisticsPoland #statistics #CPI pic.twitter.com/sabtUooGTU

— Statistics Poland (@StatPoland) July 31, 2025

In June, the prices of consumer goods and services in Poland were 4.1 percent higher than in the same month a year earlier, according to the state-run Statistics Poland (GUS) agency.

In May, Poland's consumer price index stood at 4 percent, Statistics Poland reported.

According to the flash estimate consumer #prices in #Poland in July 2025 were by 3.1% higher than a year before (price index 103.1) and increased by 0.3% (price index 100.3) as compared to July 2025.https://t.co/KNK8iRx382#StatisticsPoland #statistics #CPI pic.twitter.com/OkfSt2mrjE

— Statistics Poland (@StatPoland) July 31, 2025

The statistics office said earlier this year it had revised its system of weights used for calculating the consumer price index in 2025.

Next year, Polish inflation is expected to average 3 percent, according to a set of macroeconomic targets adopted by the government last month.

The Polish central bank predicted in its latest Inflation Report, released on July 4, that inflation would average 3.9 percent in 2025, followed by 3.1 percent in 2026 and 2.4 percent in 2027.

(gs)

Source: IAR, PAP