Poland - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Poland was 123.93 as of 2021. As the graph below shows, over the past 51 years this indicator reached a maximum value of 123.93 in 2021 and a minimum value of 0.02 in 1970.

Definition: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1970 0.02
1971 0.02
1972 0.02
1973 0.02
1974 0.02
1975 0.02
1976 0.02
1977 0.03
1978 0.03
1979 0.03
1980 0.03
1981 0.04
1982 0.08
1983 0.10
1984 0.12
1985 0.13
1986 0.15
1987 0.19
1988 0.30
1989 1.05
1990 6.98
1991 12.35
1992 18.04
1993 24.70
1994 32.85
1995 42.04
1996 50.36
1997 57.87
1998 64.58
1999 69.20
2000 76.05
2001 80.16
2002 81.69
2003 82.25
2004 85.03
2005 86.88
2006 88.00
2007 90.16
2008 93.92
2009 97.48
2010 100.00
2011 104.24
2012 107.95
2013 109.02
2014 109.08
2015 108.13
2016 107.41
2017 109.64
2018 111.63
2019 114.11
2020 117.96
2021 123.93

Development Relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series.

Limitations and Exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries.

Statistical Concept and Methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices