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Inflation Rate Trends and Forecast for Poland from 1990 to 2029

Inflation Rate Trends and Forecast for Poland from 1990 to 2029

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TGM StatBox. (2024). Inflation Rate Trends and Forecast for Poland from 1990 to 2029. TGM StatBox.
Chart Details
Data Source: International Monetary Fund (IMF)
Timeframe: 1990-2029
Country: Poland
Published date: 2024
Note: The Inflation rate (average consumer prices), as defined by the International Monetary Fund (IMF), measures the annual percentage change in the average level of prices of goods and services consumed by households.
Key Takeaways
Poland faced hyperinflation during its transition from a centrally planned to a market economy, peaking at 585.8% in 1990. Comprehensive economic reforms under the Balcerowicz Plan reduced inflation dramatically, reaching single digits by 1999. Inflation remained low until 2022, when global economic disruptions pushed it to 14.4%.

Forecasts suggest inflation will decline to 2.5% by 2028, supported by Poland’s economic integration within the EU and adherence to prudent monetary policies.

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