Inflation Poland 2004
Average inflation: 3.5%
Current Inflation
Inflation is high at 3.5%, well above the ECB target.
Peak and Trough
The highest inflation was in July at 4.6%. The lowest inflation was in January at 1.6%.
- Highest month
- July: 4.6%
- Lowest month
- January: 1.6%
- Difference
- 3.0 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 6.3%. The lowest price increase was in Food and non-alcoholic beverages with an average of 6.3%.
- Highest increase
- Food and non-alcoholic beverages: 6.3%
- Lowest increase
- Food and non-alcoholic beverages: 6.3%
Historical Context
Current inflation is 0.9% lower than the 5-year average of 4.4%.
- 5-year average
- 4.4%
- 10-year average
- 10.4%
- All-time high (1991)
- 71.6%
- All-time low (2003)
- 0.8%
Trend
Inflation shows an upward trend. Compared to 2003, inflation has risen by +2.7 percentage point.
- Change vs. previous year
- +2.7 percentage points
- Largest monthly swing
- August: +3.9 percentage points
ECB Target
Inflation is 1.5% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2004
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2003 |
|---|---|---|
| January | 1.6% | +1.1 |
| February | 1.6% | +1.1 |
| March | 1.7% | +1.1 |
| April | 2.2% | +1.9 |
| May | 3.4% | +3.0 |
| June | 4.4% | +3.6 |
| July | 4.6% | +3.8 |
| August | 4.6% | +3.9 |
| September | 4.4% | +3.5 |
| October | 4.5% | +3.2 |
| November | 4.5% | +2.9 |
| December | 4.4% | +2.7 |
| Average | 3.5% |
Data source
Data from OECD. Last updated: 17/12/2025.