August 17, 2022
Consumer prices in Poland in July 2022, compared with the corresponding month of the previous year, increased by 15,6% (with an increase of prices of goods – by 16,9% and services – by 11,7%). As related to the previous month consumer prices increased by 0,5% (of which services – by 1,2% and goods – by 0,3%)
Contributions of price changes to the total consumer price index
In July of the current year, compared with the previous month, the highest contribution to the total consumer price index came from higher prices related to Dwelling (by 1,1%), Food (by 0,5%) and Recreation and culture (by 1,8%), which increased the index by 0,29 pp, 0,12 pp and 0,11 pp, respectively. Lower prices related to Transport (by 1,4%) and Clothing and footwear (by 2,2%) decreased the index by 0,15 pp and 0,09 pp, respectively. Compared with the corresponding month of the previous year, higher prices related to Dwelling (by 21,8%), Food (by 15,9%), Transport (by 27,7%), Restaurants and hotels (by 16,4%) and Recreation and culture (by 11,3%) increased the index by 5,43 pp, 3,84 pp, 2,67 pp, 0,78 pp and 0,70 pp, respectively.
Source: Statistics Poland
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither Karen Audit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
