A quick estimate of the CPI inflation in Poland for September was 4.9 percent y/y. The figure is higher than the market consensus of 4.8 percent y/y. As reported by GUS [Central Statistical Office of Poland], energy carriers mainly contributed to the inflation rise, due to the partial thawing of prices from July 1st of this year, as well as food and non-alcoholic beverages.
The inflation peak should be reached around the beginning of next year, and its height will depend on the protective measures implemented for 2025.
Jan Karczewski, Director for Strategic Customers at Michael / Ström Stockbroking
Source: https://ceo.com.pl/inflacja-cpi-w-polsce-wyzsza-od-prognoz-rynkowych-szczyt-jeszcze-przed-nami-83493