Today: Friday, 12 August 2022 year

Inflation in Poland has topped a record 13% for the first time since 1998 in May

Inflation in Poland has topped a record 13% for the first time since 1998 in May

As reported on the website of the Main Statistical Office of the Republic (GUS), inflation in Poland in May reached 13.9%, which was a record high for the past 24 years.

In April, inflation in Poland amounted to 12.3%, which also became a record figure. In May, the consumer price index rose to 113.9% compared to the same period last year, which was the highest level in 24 years.


The statistics indicated that fuel prices rose the most. In May, prices rose by 35.4% compared to the same period last year. Compared to April 2022, prices have risen by 5%.


Energy carriers have also seriously risen in price. Compared to 2021, prices jumped 31.4% in May. Over the month, they grew by 3.4%.
On May 30, the website of the country’s Federal Statistical Office (Destatis) reported that in May, annual inflation in Germany is expected to reach 7.9%, which brings it closer to historical records.