Inflation tops forecasts in January
04:47
Inflation picked up at the start of 2026, coming in above market expectations, according to preliminary data from Poland’s Central Statistical Office (GUS). Consumer prices rose 2.2% year-on-year in January and 0.6% month-on-month, compared with analyst forecasts of 1.9% and 0.6% respectively.
Price pressures varied across categories. Food and non-alcoholic beverages were up 2.4% annually and 1.3% versus December, while alcoholic beverages and tobacco recorded the sharpest annual rise, climbing 7.0% year-on-year. Housing costs increased 2.9% annually and 1.3% month-on-month, with energy prices rising 3.4% and 1.9% respectively.
Transport was the main deflationary category, with prices falling 5.1% year-on-year and 2.1% month-on-month. Fuel for private transport dropped 7.1% annually and 2.4% compared with December.
For comparison, inflation stood at 2.4% year-on-year in December 2025, with prices flat month-on-month.
Source: propertynews.pl
