🇵🇱Poland inflation rate
Last updated 1 Jul 2026 · data through May 2026 · next release expected 17 Jul 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 3.3% as of May 2026. That is 0.8 percentage points above NBP's 2.5% target, and 0.5 points above the eurozone average of 2.8%.
The breakdown shows core (excluding energy and food) at 2.6%, energy at 8.4%, food at 2.7% and services at 5.8%. The strongest pressure is in energy (8.4%), while core (excluding energy and food) is the softest (2.6%).
Month on month the headline eased from 3.4% to 3.3%, a step down from the month before.
Poland ranks number 14 of 30 European economies by annual inflation, from highest to lowest, between Latvia and Ireland.
Poland's harmonised inflation is 3.3% as of May 2026 — abovethe European Central Bank's 2% target by 1.3 percentage points.
Compare with the rest of Europe on the European inflation ranking →
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 3.3% as of May 2026.
- Is Poland's inflation above or below NBP's 2.5% target?
- At 3.3%, it is 0.8 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 14 of 30 European economies by inflation, 0.5 points above the eurozone average of 2.8%.
- Did Poland's inflation rise or fall last month?
- Month on month, the headline rate eased from 3.4% to 3.3% in May 2026.