Inflation Poland 2020
Average inflation: 3.4%
Current Inflation
Inflation is high at 3.4%, well above the ECB target.
Peak and Trough
The highest inflation was in February at 4.7%. The lowest inflation was in December at 2.4%.
- Highest month
- February: 4.7%
- Lowest month
- December: 2.4%
- Difference
- 2.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 7.3%. The lowest price increase was in Transport with an average of -5.5%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 7.3%
- Lowest increase
- Transport: -5.5%
Historical Context
Current inflation is 1.6% higher than the 5-year average of 1.8%.
- 5-year average
- 1.8%
- 10-year average
- 1.7%
- All-time high (2001)
- 5.5%
- All-time low (2015)
- -0.9%
Trend
Inflation shows an upward trend. Compared to 2019, inflation has risen by +1.1 percentage point.
- Change vs. previous year
- +1.1 percentage points
- Largest monthly swing
- January: +3.6 percentage points
ECB Target
Inflation is 1.4% 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 €103.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 4.3% | +3.6 |
| February | 4.7% | +3.5 |
| March | 4.6% | +2.9 |
| April | 3.4% | +1.2 |
| May | 2.9% | +0.5 |
| June | 3.3% | +0.7 |
| July | 3.0% | +0.1 |
| August | 2.9% | 0.0 |
| September | 3.2% | +0.6 |
| October | 3.1% | +0.6 |
| November | 3.0% | +0.4 |
| December | 2.4% | -1.0 |
| Average | 3.4% |
Data source
Data from OECD. Last updated: 10/01/2026.