FX.co ★ Poland’s CPI Rises to 4.9%: September 2024 Data Shows Persistent Inflationary Pressure

The Central Statistical Office of Poland has released its Consumer Price Index (CPI) data for September 2024, revealing a year-over-year increase of 4.9%. This marks a continuation of inflationary trends noted in the previous month when the annual CPI growth stood at 4.3%.

The CPI measures the average change over time in the prices paid by consumers for a basket of goods and services, and the latest numbers indicate that inflation is persisting at a higher rate than anticipated. The comparison period evaluates the yearly change, comparing this September's data to the same month in the previous year. For August 2024, the CPI growth also considered the annual change from August 2023.

Updated as of September 30, 2024, the current data underscores rising cost pressures within the Polish economy, which could prompt potential policy adjustments from financial regulatory authorities in an attempt to stabilize prices and manage inflation expectations effectively.