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Inflation

Most believe child benefit hike will increase inflation, survey finds

A majority of Poles believe that raising the 500 Plus child benefit will increase inflation, according to a Market Research Institute (IBRiS) survey for Radio ZET.

Gov't approves 2022 budget execution report

The Polish government has approved the execution of the 2022 budget with a deficit of PLN 12.6 billion (EUR 2.8 billion).

Number of people at risk of poverty in Poland rises says World Bank

The share of Poland's population at risk of poverty will remain at the level of 1 to 2 percentage points higher than in 2021, according to a report by the World Bank.

April's core inflation rate hits 12.2 pct - central bank

Poland's core inflation, which excludes the prices of food and energy, measured 12.2 percent year on year in April 2023, down from 12.3 percent in March, the National Bank of Poland (NBP) said on Tuesday.

Higher social benefits won't affect inflation trend says Polish PM

Mateusz Morawiecki, the Polish prime minister, has argued that increasing a monthly child benefit programme by PLN 300 (EUR 66.6) will have no negative affect on inflation.

Downward trend in inflation to continue says ING BSK

Inflation will continue to fall in the coming months but the rate of its decline will slow, analysts at the bank ING BSK said on Monday.

Poland's CPI hits 14.7 pct y/y in April - stats office

Prices of consumer goods and services (Consumer Price Index, CPI) settled at 14.7 percent year on year and by 0.7 percent month on month in April 2023, the Central Statistical Office (GUS) reported on Monday.

PiS president says new financial injection will not raise inflation

Speaking at the Law and Justice (PiS) party convention in Warsaw, party President Jaroslaw Kaczynski said that "we hope for low inflation in the new year, so this new financial injection will no longer threaten a return to inflationary tendencies - we have taken this into account."

No decision to end tightening cycle yet, says central bank head

Poland's central bank (NBP)’s rate-setting Monetary Policy Council (RPP) is not yet discussing ending the tightening cycle, the NBP governor has said.

Central bank expects core inflation to fall in coming months

Poland's core inflation will likely decline in the coming months and quarters and will certainly start decreasing in H2, the governor of the National Bank of Poland (NBP) has said.

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Warsaw-designed luxury home named one of the world’s most beautiful in architectural ‘Oscars’ award

Nestled in green meadows and surrounded by lush forests, the house which features a distinctive curved silhouette reminiscent of a sea dune has been named ‘Best Single Family Residence’ in the latest edition of the European Property Awards.

The first report:

  • Poland's economy contracts by 0.3 percent in Q1 2023 - stats office
  • Poland's CPI falls to 13.0 pct y/y in May - stats office
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Warsaw’s secret war against Moscow’s spies: Poland’s intelligence services have gone into overdrive to combat Putin’s covert assault

The arrest last week of a ‘dangerous’ spy network in Poland is the latest in the country’s secret war against Russian intelligence since Putin’s troops attacked Ukraine.

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