Poland Inflation Rate Climbs to 4.1% in September 2026

Poland annual consumer inflation rose to 4.1% in September 2026, up from 3.4% in August and slightly above initial estimates. The reading marks the highest year-over-year price growth for the country since June 2025. On a monthly basis, consumer prices climbed 0.7% following a 0.3% gain in the prior month.

A sharp acceleration in transport and housing costs drove the overall increase. Transport inflation jumped to 17.9% from 11.2% in August, while housing and utility costs grew 5.1% compared to 4.6% previously. Higher prices for alcohol and tobacco also added upward pressure, rising 6.9%. These increases outweighed lower price growth across several consumer sectors, including education, health, and recreation.

Investors will watch upcoming monthly economic updates to see if energy and transport pressures persist or spread to food and broader retail goods. While food prices continued to decline year-over-year at 0.4%, the pace of deflation eased from August, marking a key trend to track in future inflation reports.