Highest level of inflation in Poland in 21 years

The final level of December annual inflation (8.6%) is clearly higher than in last three months. As in previous months, the highest price dynamics was achieved in the transport category (+ 22.7%), which of course results from soaring fuel prices (over 30% higher than in December 2020).

The huge increases in energy and gas prices that took place at the beginning of the year are particularly problematic. Gas prices increased by as much as 300-700%, and electricity prices by an average of 30%.

Very large price increases were recorded by many food products, with vegetables being up 11.6% YoY.

Source: agroberichtenbuitenland.nl

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