Inflation Poland 2003

Average inflation: 0.8%

Current Inflation

Inflation is very low at 0.8%, well below the ECB target.

Peak and Trough

The highest inflation was in December at 1.7%. The lowest inflation was in April at 0.3%.

Highest month
December: 1.7%
Lowest month
April: 0.3%
Difference
1.4 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food and non-alcoholic beverages with an average of -0.9%. The lowest price increase was in Food and non-alcoholic beverages with an average of -0.9%.

Highest increase
Food and non-alcoholic beverages: -0.9%
Lowest increase
Food and non-alcoholic beverages: -0.9%

Historical Context

Current inflation is 4.3% lower than the 5-year average of 5.1%. This approaches the lowest level since records began (0.8% in 2003).

5-year average
5.1%
10-year average
13.3%
All-time high (1991)
71.6%
All-time low (2003)
0.8%

Trend

Inflation shows a downward trend. Compared to 2002, inflation has fallen by +1.1 percentage point.

Change vs. previous year
-1.1 percentage points
Largest monthly swing
February: -3.0 percentage points

ECB Target

Inflation is 1.2% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €100.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2003

Inflation by category

Food and non-alcoholic beverages
-0.9%
-1.7vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2002
January 0.5% -2.9
February 0.5% -3.0
March 0.6% -2.7
April 0.3% -2.7
May 0.4% -1.5
June 0.8% -0.8
July 0.8% -0.5
August 0.7% -0.5
September 0.9% -0.4
October 1.3% +0.2
November 1.6% +0.7
December 1.7% +0.9
Average 0.8%

Data source

Data from OECD. Last updated: 17/12/2025.

See also