Inflation has already eaten up PLN 120 from 500+

According to eToro analyst Pawel Majtkowski, due to high inflation, the 500 plus benefit is today already worth only PLN 380 at prices from the start of the program, April 2016. For the benefit to have the same real value today as it did in 2016, it should now be worth PLN 658. If it were to be valorized by fuel price increases, instead of 500+, it should be 930+ today.

"A further increase in inflation, to the level of 18 percent, may in a few months increase this amount to PLN 700. And then it will turn out that even changing 500+ to 700+ may not restore the full real value of this benefit," Paweł Majtkowski assessed.

The 500 plus program was launched on April 1, 2016, and was the realization of one of PiS's main election promises. However, the program from the beginning assumed a fixed amount of the benefit, which has not been indexed so far. Due to high inflation and a decline in the real value of the 500+ benefit, there are increasing calls for its valorization.

(WBJ)