HICP in Poland

Statistics Poland · Monthly · Importance

IMF forecast (WEO): 2026: 3.3% 2027: 3.3% 2028: 3.9% 2029: 2.7% 2030: 2.5% 2031: 2.5%

3.0% (Jul-26) YOY · % · Monthly · CSV

Period	%
Jul 2026	3.0%
Jun 2026	2.5%
May 2026	3.1%
Apr 2026	3.2%
Mar 2026	3.0%
Feb 2026	2.1%
Jan 2026	2.1%

Period	%
Jul 2026	0.8%
Jun 2026	-0.5%
May 2026	-0.3%
Apr 2026	0.6%
Mar 2026	1.1%
Feb 2026	0.3%
Jan 2026	0.7%

About this indicator

Source

Statistics Poland

Frequency

Monthly

Release

Around the middle of the month following the reference period (usually a preliminary and then a final figure).

What it is

Measures the change in the price of a representative basket of goods and services bought by Polish households, compiled under a methodology harmonised across the EU. It allows Polish inflation to be compared with the rest of the bloc.

How it's calculated

It is produced by Poland's Central Statistical Office (GUS) from a regular price collection across a broad sample of outlets, following Eurostat's rules. Item weights are used to build an index with a base year, released mainly as year-on-year (YoY) and month-on-month (MoM) rates of change.

Market implications

Poland is outside the euro, so its inflation is watched directly by the National Bank of Poland (NBP) when setting rates. A hotter-than-expected print bolsters expectations of higher rates and tends to support the zloty; the HICP also eases European comparison versus the national CPI.

Limitations

It only captures the prices in the defined basket, not the whole economy, and can differ from the national CPI that usually guides the central bank. For the underlying trend, core inflation strips out energy and unprocessed food.