Statistics

Core Inflation

From March 2009 Narodowy Bank Polski compiles and publishes four measures of core inflation:

  • inflation net of administered prices*,
  • inflation net of most volatile prices*,
  • inflation net of food and energy prices,
  • 15% trimmed mean.

* Measures of core inflation introduced in March 2009.



Last update: January 16, 2020 — data for December 2019.

month CPI net of administered prices net of most volatile prices net of food and energy prices 15% trimmed mean
  Percentage change to corresponding month of previous year
07/2019 2,9 3,0 2,3 2,2 2,2
08/2019 2,9 3,0 2,3 2,2 2,0
09/2019 2,6 2,8 2,4 2,4 1,9
10/2019 2,5 2,6 2,6 2,4 2,0
11/2019 2,6 2,8 2,6 2,6 2,1
12/2019 3,4 3,6 2,8 3,1 2,5
  Percentage change to previous month
07/2019 0,0 0,0 0,2 0,1 0,2
08/2019 0,0 0,0 0,0 0,2 0,0
09/2019 0,0 -0,1 0,4 0,2 0,2
10/2019 0,2 0,2 0,4 0,3 0,2
11/2019 0,1 0,1 0,2 0,0 0,1
12/2019 0,8 0,9 0,1 0,6 0,2

Source: NBP calculations based on CSO data

Advance release calendar for core inflation indices in 2020

Date of publication Data for
March 16, 2020January & February 2020
April 16, 2020March 2020
May 18, 2020April 2020
June 16, 2020May 2020
July 16, 2020June 2020
August 17, 2020July 2020
September 16, 2020August 2020
October 16, 2020September 2020
November 16, 2020October 2020
December 16, 2020November 2020

Core inflation indices are published at 2:00 pm.

NBP interest rates

Reference rate 1.50
Lombard rate 2.50
Deposit rate 0.50
Rediscount rate 1.75

Exchange rates

Table of 2020-01-17
1 EUR4.2344
1 USD3.8053
1 CHF3.9410
1 GBP4.9682
100 JPY3.4534

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Contact

Narodowy Bank Polski
Świętokrzyska 11/21
00-919 Warszawa
Poland

tel.:
+48 22 185 10 00
e-mail: listy@nbp.pl
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