🇵🇱Poland inflation rate
released 16 Oct 2026 · data through September 2026 · next release expected 31 Oct 2026
Poland sits outside the euro area, with its own currency and central bank. Harmonised inflation (HICP) — the EU-harmonised measure that makes prices comparable across Europe — stands at 4.0% as of September 2026. That is 1.5 percentage points above NBP's 2.5% target, and 0.2 points above the eurozone average of 3.8%.
The breakdown shows core (excluding energy and food) at 2.9%, energy at 14.2%, food at 1.9% and services at 5.9%. The strongest pressure is in energy (14.2%), while food is the softest (1.9%).
Month on month the headline rose from 3.5% to 4.0%, extending the climb.
Poland ranks number 12 of 30 European economies by annual inflation, from highest to lowest, between Italy and Ireland.
Harmonised inflation (HICP) is 4.0% as of September 2026 — that is 1.5 percentage points above NBP's 2.5% target.
Inflation by year
Inflation in Poland averaged 3.3% in 2025, lower than in 2024 (3.7%).
| Year | Annual average | December, year on year |
|---|---|---|
| 2026 so far | – | 4.0% (September) |
| 2025 | 3.3% | 2.6% |
| 2024 | 3.7% | 3.8% |
| 2023 | 10.8% | 6.2% |
| 2022 | 13.2% | 15.4% |
| 2021 | 5.2% | 8.0% |
| 2020 | 3.6% | 3.4% |
| 2019 | 2.2% | 3.0% |
| 2018 | 1.2% | 0.9% |
| 2017 | 1.6% | 1.7% |
| 2016 | −0.2% | 0.9% |
Annual average: the average HICP index of the year compared with the previous year's average, as Eurostat publishes it (prc_hicp_ainr) — not an average of the monthly rates. December: the year-on-year rate of that month (prc_hicp_minr). The current year shows the latest monthly year-on-year rate.
Compare with the rest of Europe on the European inflation ranking →
Work out what money from the past is worth today: Inflation Calculator Poland →
Frequently asked questions
- What is Poland's current inflation rate?
- Poland's annual inflation rate, measured by the harmonised index of consumer prices (HICP), is 4.0% as of September 2026.
- Is Poland's inflation above or below NBP's 2.5% target?
- At 4.0%, it is 1.5 percentage points above the National Bank of Poland's 2.5% target.
- How does Poland's inflation compare with the rest of Europe?
- Poland ranks number 12 of 30 European economies by inflation, 0.2 points above the eurozone average of 3.8%.
- Did Poland's inflation rise or fall last month?
- Month on month, the headline rate rose from 3.5% to 4.0% in September 2026.
- What was inflation in Poland in 2025?
- Inflation in Poland averaged 3.3% in 2025, lower than in 2024 (3.7%). In December 2025, the year-on-year rate was 2.6%.
- What was inflation in Poland over the last 10 years?
- Between 2016 and 2025, annual average inflation in Poland ranged from −0.2% in 2016 to 13.2% in 2022. The mean of the annual rates over those years was 4.5%.