Inflation Poland 2024
Average inflation: 3.7%
Current Inflation
Inflation is high at 3.7%, well above the ECB target.
Peak and Trough
The highest inflation was in October at 5.0%. The lowest inflation was in March at 2.0%.
- Highest month
- October: 5.0%
- Lowest month
- March: 2.0%
- Difference
- 3.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 9.1%. The lowest price increase was in Transport with an average of -1.7%.
- Highest increase
- Education: 9.1%
- Lowest increase
- Transport: -1.7%
Historical Context
Current inflation is 3.9% lower than the 5-year average of 7.6%.
- 5-year average
- 7.6%
- 10-year average
- 4.3%
- All-time high (2022)
- 14.3%
- All-time low (2015)
- -0.9%
Trend
Inflation shows a downward trend. Compared to 2023, inflation has fallen by +7.9 percentage point.
- Change vs. previous year
- -7.9 percentage points
- Largest monthly swing
- February: -15.6 percentage points
ECB Target
Inflation is 1.7% 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 €103.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2024
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2023 |
|---|---|---|
| January | 3.7% | -12.9 |
| February | 2.8% | -15.6 |
| March | 2.0% | -14.1 |
| April | 2.4% | -12.3 |
| May | 2.5% | -10.5 |
| June | 2.6% | -8.9 |
| July | 4.2% | -6.6 |
| August | 4.3% | -5.8 |
| September | 4.9% | -3.3 |
| October | 5.0% | -1.6 |
| November | 4.7% | -1.9 |
| December | 4.7% | -1.5 |
| Average | 3.7% |
Data source
Data from OECD. Last updated: 10/01/2026.