Poland’s annual inflation slows to 2.5% in June

16 July 2026

Poland’s annual consumer price inflation eased to 2.5% in June 2026, down from 3.1% in May and in line with the preliminary estimate published earlier this month, according to Statistics Poland (GUS). The reading places inflation at the National Bank of Poland’s target of 2.5% ±1 percentage point.

Compared with June 2025, prices for services increased by 5.4%, while goods were 1.3% more expensive. On a monthly basis, the consumer price index fell 0.5%, reflecting a 0.9% decline in goods prices, while services prices rose 0.6%. Statistics Poland also noted that, from 2026, the consumer price index is being calculated using the updated COICOP 2018 international classification.

The largest upward pressure on annual inflation came from housing, water, electricity, gas and other fuels, where prices increased 4.9%, followed by recreation, sport and culture (5.2%), alcoholic beverages and tobacco (6.5%), health (5.0%), restaurants and accommodation services (4.5%) and information and communication (4.0%). By contrast, prices declined for clothing and footwear (-3.1%), food and non-alcoholic beverages (-0.2%) and household furnishings and maintenance (-1.1%), helping to moderate overall inflation.

On a month-on-month basis, the decline in consumer prices was driven primarily by transport, where prices fell 4.4%, followed by food and non-alcoholic beverages (-0.7%) and clothing and footwear (-1.7%). These decreases were partly offset by higher prices for recreation, sport and culture (1.5%), restaurants and accommodation services (0.5%) and alcoholic beverages and tobacco (0.6%).

According to the weighting system used in the consumer price index, food and non-alcoholic beverages remained the largest expenditure category in household consumption, accounting for 25.9% of the basket, followed by housing, water, electricity, gas and other fuels at 20.4% and transport at 10.2%.

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