Inflation in Poland already 8.7% according to Eurostat
20:05
Inflation in the European Union increased to 5.6 percent in January 2022. Poland with a price growth rate of 8.7 percent ranks fourth in terms of the height of the indicator. According to Eurostat, the countries with the highest HICP inflation (because that is what the EU uses) are Lithuania (12.3 percent), Estonia (11 percent), and the Czech Republic (8.8 percent).
HICP inflation is the Harmonized Index of Consumer Prices, calculated based on a unified methodology by the Member States of the European Union.
According to the Central Statistical Office (GUS), the basis for the development of the HICP for Poland is the observation of changes in the prices of representatives of consumer goods and services, and a system of weights based on the structure of individual consumption in the household sector from the national accounts statistics from two years ago.
