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Poland Inflation Climbs Further in September

Figures

Photo by ratmaner/Shutterstock.com

The annual inflation rate in Poland accelerated to 17.2% in September, the highest in 26 years, according to preliminary estimates released by the Central Statistical Office (GUS).

According to data, prices rose sharply for electricity, gas, and other fuels (44.2%) and fuels for transport equipment (18.3%).

At the same time, the consumer price index (CPI) rose steeply for food and non-alcoholic beverages (19.3%). On a monthly basis, consumer prices rose by 1.6%, picking up from the 0.8% rise in the prior month.

Poland's average corporate gross monthly wage rose by 10.8% annually to PLN 6,196.99 (EUR 1,274) in the first half of 2022, the Warsaw-based statistics agency said in a separate report.

The number of employed people in the 38-million nation went up by 1.6% year-on-year as of June 30, 2022, and reached 9,761,000. 

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