Inflation Poland 1994

Average inflation: 32.2%

Current Inflation

Inflation is very high at 32.2%, far above the ECB target.

Peak and Trough

The highest inflation was in October at 36.1%. The lowest inflation was in December at 29.5%.

Highest month
October: 36.1%
Lowest month
December: 29.5%
Difference
6.6 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 13.3% lower than the 5-year average of 45.5%. This approaches the lowest level since records began (32.2% in 1994).

5-year average
45.5%
10-year average
45.5%
All-time high (1991)
71.6%
All-time low (1994)
32.2%

Trend

Inflation shows a downward trend. Compared to 1993, inflation has fallen by +3.3 percentage point.

Change vs. previous year
-3.3 percentage points
Largest monthly swing
February: -9.8 percentage points

ECB Target

Inflation is 30.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €132.20 next year at this inflation rate.

Multi-year trend

Monthly figures 1994

Month overview

Month Inflation Difference vs. 1993
January 32.4% -5.1
February 29.9% -9.8
March 30.2% -9.5
April 31.2% -6.9
May 31.2% -4.6
June 32.7% -1.6
July 32.8% -2.0
August 32.2% -2.2
September 34.6% +3.6
October 36.1% +6.3
November 33.5% +0.5
December 29.5% -8.1
Average 32.2%

Data source

Data from OECD. Last updated: 24/11/2025.

See also