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Poland Inflation Confirmed at 2.6%

Poland’s annual inflation rate ticked up to 2.6% in June 2024 from 2.5% in the previous month, matching preliminary estimates, the final reading showed.

Inflation accelerated for food & non-alcoholic beverages (2.5% vs 1.6% in May), housing & utilities (1.7% vs 1.6%), furnishings, household equipment & maintenance (1.7% vs 1.4%), and recreation & culture (3.8% vs 3.7%).

On the other hand, prices rose at a slower pace for alcoholic beverages & tobacco (3.9% vs 4.1%), transportation (0.6% vs 2.2%), communication (1.2% vs 2.2%), restaurants & hotels (7.7% vs 7.9%), and miscellaneous goods & services (4.3% vs 3.7%).

Meanwhile, costs fell further for clothing & footwear (-0.9% vs -0.2%). On a monthly basis, consumer prices rose by 0.1% in June, in line with preliminary estimates.

  • Author: Gunel Musa

Public Relations Manager

15.07.2024
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