Poland: Inflation Rate Hits Over 1-Year High.

The annual inflation rate in Poland rose to 3.4% in August 2026 from 3.0% in the previous month, confirming preliminary estimates. This marked the highest level since June 2025, as prices increased for several categories, including housing and utilities (4.6% vs 4.5% in July), transport (11.2% vs 7.0%), recreation, sports, and culture (6.5% vs 5.4%), education (5.4% vs 5.3%), and personal hygiene, social protection, and other goods and services (2.4% vs 1.6%). Conversely, price growth eased for alcoholic beverages and tobacco products (6.6% vs 6.9%), health (4.7% vs 4.9%), and information and communication (3.5% vs 5.2%), while it was unchanged for restaurants and accommodation services (4.2%). Meanwhile, deflation slowed for clothing and footwear (-2.9% vs -3.6%), while prices fell further for food and non-alcoholic beverages (-0.9% vs -0.4%). On a monthly basis, consumer prices increased 0.3% in August, easing from a 0.8% rise in the previous period.