Flash estimate: December inflation at 16.6%

Sklep zakupy inflacja ludzie
Anna Gołębicka o szczycie inflacji w Polsce
Źródło: TVN24

Inflation in December 2022 was at 16.6% year on year - according to a preliminary data released by the Central Statistical Office of Poland (Statistics Poland). Economy experts expected a 17.3% increase in consumer prices.

According to a flash estimate released by Statistics Poland on Thursday (January 5), consumer prices in Poland in December 2022 increased by 16.6% (price index 116.6) compared with the corresponding month of the previous year. As related to the previous month, consumer prices increased by 0.2% (price index 100.2).

Inflation in November 2022 was at 17.5% year on year.

A market consensus, which is a median of expert forecasts, assumed a 17.3% increase in consumer prices.

According to the flash estimate, prices of food and non-alcoholic beverages increased by 21.5% year on year, while prices of energy - by 31.2%, and fuels for personal transport means - by 13.5%.

Compared to November 2022, prices of consumer goods and services increased by 0.2%.

The final inflation data is to be announced on January 13.

Inflation in Poland
Inflation in Poland
Źródło: PAP/Maciej Zieliński
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