Polish PM, finance minister hail inflation slowdown as boost to purchasing power

Poland’s prime minister and finance minister have welcomed the latest inflation data, saying falling consumer prices were improving living standards and boosting the purchasing power of citizens.

Polish Prime Minister Donald Tusk.

Photo: PAP/Leszek Szymański

Inflation in Poland dropped to 3.1 percent year-on-year in July, from 4.1 percent in June, according to a flash estimate released by the country’s statistics office on Thursday.

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

'Freeing Polish families from high prices'

Prime Minister Donald Tusk took to X to hail what he called a sharp decline in inflation.

"Inflation sharply down," Tusk wrote, adding that his government had taken power from the right-wing Law and Justice (PiS) party "to free Polish families from high prices—just as we have freed Poland from the mass influx of migrants ... and rampant corruption."

Inflacja ostro w dół! Trzeba było pogonić PiS, żeby uwolnić polskie rodziny od drożyzny, tak jak uwolniliśmy Polskę od organizowanego odgórnie przez Kaczyńskiego i Morawieckiego masowego napływu migrantów i wszechobecnej korupcji. Po to wygraliśmy wybory 15 X.

— Donald Tusk (@donaldtusk) July 31, 2025

'Purchasing power of Poles is growing': finance minister

Finance Minister Andrzej Domański also commented on the figures, writing on X: "Inflation fell to 3.1 percent in July from 4.1 percent in June. Wages continue to rise—the latest estimate showed 9-percent growth for June. The purchasing power of Poles is growing."

Inflacja w lipcu spadła do poziomu 3,1% z 4,1% w czerwcu. Wynagrodzenia wciąż rosną - ostatni odczyt +9% za czerwiec. Siła nabywcza 🇵🇱Polaków rośnie.

— Andrzej Domański (@Domanski_Andrz) July 31, 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