{"id":5984,"date":"2026-06-30T09:56:16","date_gmt":"2026-06-30T09:56:16","guid":{"rendered":"https:\/\/ceo.com.pl\/en\/?p=5984"},"modified":"2026-06-30T09:56:22","modified_gmt":"2026-06-30T09:56:22","slug":"inflation-in-poland-falls-to-2-5-in-june-matching-nbp-target-10214","status":"publish","type":"post","link":"https:\/\/ceo.com.pl\/en\/inflation-in-poland-falls-to-2-5-in-june-matching-nbp-target-10214\/","title":{"rendered":"Inflation in Poland Falls to 2.5% in June, Matching NBP Target"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Annual inflation in Poland fell to 2.5% in June 2026, according to Statistics Poland\u2019s flash estimate, matching the National Bank of Poland\u2019s inflation target. Consumer prices were also 0.5% lower than in May, with falling fuel and food prices helping to reduce the headline reading.<\/p>\n\n\n\n<!-- ============ CPI FLASH ESTIMATE \u2014 JUNE 2026 \u2014 CEO.com.pl (EN) ============ -->\n<!-- Self-contained WordPress Custom HTML block. CSS prefix: cpie. 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According to the flash estimate, the annual rate of price growth aligned with the National Bank of Poland&#8217;s inflation target of 2.5%, following a reading of 3.1% in May.<\/p>\n  <div class=\"cpie-meta\">Source: flash estimate of the consumer price index, Statistics Poland (GUS), released 30 June 2026. The estimate is preliminary and may be revised. From the 2026 data onwards, the CPI is calculated under the COICOP 2018 classification.<\/div>\n\n  <div class=\"cpie-kpis\">\n    <div class=\"cpie-kpi\"><div class=\"v\">2.5%<\/div><div class=\"l\">price growth year on year (index 102.5)<\/div><\/div>\n    <div class=\"cpie-kpi\"><div class=\"v\">\u22120.5%<\/div><div class=\"l\">price change month on month (index 99.5)<\/div><\/div>\n    <div class=\"cpie-kpi\"><div class=\"v\">2.5%<\/div><div class=\"l\">NBP inflation target \u2014 reading matches the target<\/div><\/div>\n    <div class=\"cpie-kpi\"><div class=\"v\">+5.3%<\/div><div class=\"l\">fuels and lubricants \u2014 highest annual rate in the breakdown<\/div><\/div>\n  <\/div>\n\n  <p>Statistics Poland (GUS) has published the flash estimate of the consumer price index for June 2026. According to the preliminary data, annual inflation stood at 2.5%, corresponding to a price index of 102.5. Compared with the previous month, prices fell by 0.5% (index 99.5). The annual rate of price growth aligned with the inflation target of the National Bank of Poland, which is 2.5% with a tolerance band of \u00b11 percentage point.<\/p>\n\n  <div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/ceo.com.pl\/en\/inflation-in-poland-falls-to-2-5-in-june-matching-nbp-target-10214\/#Annual_price_growth_against_the_inflation_target\" >Annual price growth against the inflation target<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/ceo.com.pl\/en\/inflation-in-poland-falls-to-2-5-in-june-matching-nbp-target-10214\/#Annual_change_in_consumer_goods_and_services_prices\" >Annual change in consumer goods and services prices (%)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/ceo.com.pl\/en\/inflation-in-poland-falls-to-2-5-in-june-matching-nbp-target-10214\/#Price_changes_in_selected_categories\" >Price changes in selected categories<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/ceo.com.pl\/en\/inflation-in-poland-falls-to-2-5-in-june-matching-nbp-target-10214\/#Price_change_by_category_%E2%80%94_annual_and_monthly\" >Price change by category \u2014 annual and monthly (%)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/ceo.com.pl\/en\/inflation-in-poland-falls-to-2-5-in-june-matching-nbp-target-10214\/#Key_findings\" >Key findings<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Annual_price_growth_against_the_inflation_target\"><\/span>Annual price growth against the inflation target<span class=\"ez-toc-section-end\"><\/span><\/h2>\n  <p>In the opening months of 2025, annual inflation remained above the upper bound of the tolerance band (4.9% in January\u2013March 2025). In the following months the rate gradually declined, reaching 2.1% in January and February 2026. From March 2026 the index rose again (to 3.2% in April), before falling to 2.5% in June.<\/p>\n\n  <div class=\"cpie-chartbox\">\n    <h3><span class=\"ez-toc-section\" id=\"Annual_change_in_consumer_goods_and_services_prices\"><\/span>Annual change in consumer goods and services prices (%)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n    <p class=\"sub\">January 2025 \u2013 June 2026. Final data; June 2026 \u2014 flash estimate. Reference lines: inflation target 2.5% and tolerance band bounds (1.5% and 3.5%).<\/p>\n    <div class=\"cpie-canvas\" style=\"height:380px;\"><canvas id=\"cpie-c1\"><\/canvas><\/div>\n  <\/div>\n\n  <h2><span class=\"ez-toc-section\" id=\"Price_changes_in_selected_categories\"><\/span>Price changes in selected categories<span class=\"ez-toc-section-end\"><\/span><\/h2>\n  <p>Beyond the headline index, the flash estimate covers three categories with the largest weight in the basket. The highest annual rate was recorded for fuels and lubricants for personal transport equipment (+5.3%) and for electricity, gas and other fuels (+4.8%). Prices of food and non-alcoholic beverages were 0.3% lower than a year earlier. Month on month, all listed categories fell, with the steepest decline for fuels (\u22127.4%).<\/p>\n\n  <div class=\"cpie-chartbox\">\n    <h3><span class=\"ez-toc-section\" id=\"Price_change_by_category_%E2%80%94_annual_and_monthly\"><\/span>Price change by category \u2014 annual and monthly (%)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n    <p class=\"sub\">June 2026. Positive values \u2014 price increase, negative \u2014 decrease.<\/p>\n    <div class=\"cpie-canvas\" style=\"height:340px;\"><canvas id=\"cpie-c2\"><\/canvas><\/div>\n  <\/div>\n\n  <table>\n    <thead><tr><th>Item<\/th><th class=\"num\">Index y\/y (June 2025=100)<\/th><th class=\"num\">Change y\/y<\/th><th class=\"num\">Index m\/m (May 2026=100)<\/th><th class=\"num\">Change m\/m<\/th><\/tr><\/thead>\n    <tbody>\n      <tr class=\"hl\"><td>TOTAL<\/td><td class=\"num\">102.5<\/td><td class=\"num\"><span class=\"cpie-up\">+2.5%<\/span><\/td><td class=\"num\">99.5<\/td><td class=\"num\"><span class=\"cpie-down\">\u22120.5%<\/span><\/td><\/tr>\n      <tr><td>Food and non-alcoholic beverages<\/td><td class=\"num\">99.7<\/td><td class=\"num\"><span class=\"cpie-down\">\u22120.3%<\/span><\/td><td class=\"num\">99.3<\/td><td class=\"num\"><span class=\"cpie-down\">\u22120.7%<\/span><\/td><\/tr>\n      <tr><td>Electricity, gas and other fuels<\/td><td class=\"num\">104.8<\/td><td class=\"num\"><span class=\"cpie-up\">+4.8%<\/span><\/td><td class=\"num\">99.6<\/td><td class=\"num\"><span class=\"cpie-down\">\u22120.4%<\/span><\/td><\/tr>\n      <tr><td>Fuels and lubricants for personal transport equipment<\/td><td class=\"num\">105.3<\/td><td class=\"num\"><span class=\"cpie-up\">+5.3%<\/span><\/td><td class=\"num\">92.6<\/td><td class=\"num\"><span class=\"cpie-down\">\u22127.4%<\/span><\/td><\/tr>\n    <\/tbody>\n  <\/table>\n\n  <div class=\"cpie-callout\">\n    <p>According to the flash estimate, annual inflation in June 2026 <strong>aligned with the NBP inflation target (2.5%)<\/strong> and returned within the tolerance band after the increase seen in March\u2013May 2026.<\/p>\n    <p>Food and non-alcoholic beverage prices, which were lower than a year earlier, remained a factor pulling the headline index down. On the opposite side are <strong>fuels and energy carriers<\/strong> \u2014 the categories with the highest annual rate, even though their prices declined month on month.<\/p>\n  <\/div>\n\n  <div class=\"cpie-takeaways\">\n    <h2><span class=\"ez-toc-section\" id=\"Key_findings\"><\/span>Key findings<span class=\"ez-toc-section-end\"><\/span><\/h2>\n    <ul>\n      <li>Annual inflation in June 2026 stood at 2.5%, down from 3.1% in May, and aligned with the NBP inflation target.<\/li>\n      <li>Month on month, prices fell by 0.5% \u2014 a decline was recorded in all listed categories.<\/li>\n      <li>Food and non-alcoholic beverage prices were 0.3% lower than a year earlier; energy rose by 4.8% and fuels by 5.3%.<\/li>\n      <li>The steepest monthly decline applied to fuels and lubricants (\u22127.4%).<\/li>\n      <li>The estimate is preliminary and may be revised. From 2026, the CPI is calculated under the COICOP 2018 classification.<\/li>\n    <\/ul>\n  <\/div>\n\n  <p class=\"cpie-foot\">Source: Statistics Poland (GUS). Own elaboration based on Statistics Poland data. The flash estimate of the consumer price index for June 2026 is preliminary and may be revised. Time-series data are final except for the information compiled under the flash estimate for June 2026.<\/p>\n\n  <script src=\"https:\/\/cdnjs.cloudflare.com\/ajax\/libs\/Chart.js\/4.4.1\/chart.umd.min.js\" class=\"nowprocket\" data-cfasync=\"false\" data-no-minify=\"1\"><\/script>\n  <script class=\"nowprocket\" data-cfasync=\"false\" data-no-minify=\"1\">\n  (function(){\n    var attempts = 0;\n    var timer = setInterval(function(){\n      attempts++;\n      if (typeof Chart === 'undefined') {\n        if (attempts > 100) { clearInterval(timer); }\n        return;\n      }\n      clearInterval(timer);\n      drawCpieCharts();\n    }, 100);\n\n    var navy = '#131F49', amber = '#e67a2d', gray = '#6b7280', grid = 'rgba(19,31,73,.08)';\n\n    function drawCpieCharts(){\n      \/\/ 1. 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Consumer prices were also 0.5% lower than in May, with falling fuel and food prices helping to reduce the headline reading. Inflation \u00b7 Economy Inflation in Poland fell to 2.5% in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4967,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"Inflation in Poland fell to 2.5% in June 2026, down from 3.1% in May and in line with the National Bank of Poland\u2019s inflation target.\n\nConsumer prices declined by 0.5% month on month. The strongest monthly drop was recorded in fuels and lubricants, which were 7.4% cheaper than in May. Food and non-alcoholic beverages were also slightly cheaper than a year earlier.\n\nAt the same time, energy and fuel prices remained higher on an annual basis, showing that price pressure has not disappeared completely.\n\n#Inflation #Poland #Economy #CPI #NBP #FuelPrices #Business\n","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[15,7],"tags":[2789,2669,3263,64,2726],"class_list":["post-5984","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","category-reports-analysis","tag-beyond","tag-gus","tag-nbp","tag-poland","tag-target"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/5984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/comments?post=5984"}],"version-history":[{"count":1,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/5984\/revisions"}],"predecessor-version":[{"id":5985,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/5984\/revisions\/5985"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media\/4967"}],"wp:attachment":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media?parent=5984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/categories?post=5984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/tags?post=5984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}