Inflation in Poland is one of the highest in the EU
20:21
The HICP inflation rate in Poland was 15.2 percent in March, giving Poland the fifth place in terms of price growth rate, according to data published by Eurostat. According to Eurostat, Poland's HICP inflation in March was lower than in February when it was 17.2 percent However, its decrease did not change much in Poland's position compared to other European countries. Prices in the Polish economy are still rising relatively quickly. Only Hungary, Latvia, Czech Republic, and Estonia had higher inflation rates, while Lithuania's indicator was the same as in Poland.
Meanwhile, core inflation rose to a record high of 12.3 percent in March, according to the latest data published by the National Bank of Poland. These NBP data on core inflation are worrying because this indicator shows inflation caused by internal processes occurring in the economy.
