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Poland inflation rises to 4.1% amid fuel price volatility
Poland's inflation rate accelerated to 4.1% year-on-year in September, according to revised data from the Central Statistical Office (GUS), up from 3.4% in August. This increase was primarily driven by rising fuel prices. In contrast, the National Bank of Poland (NBP) reported core inflation—which excludes volatile food and energy prices—at 3.1% for the same period.
To mitigate rising costs for consumers, the government has implemented the 'Lower Fuel Prices' (CPN) program. This initiative includes VAT and excise tax reductions and is scheduled to remain in effect until the end of 2026. The program is funded by a new windfall tax on fuel companies that achieve excessive profits.
As of October 16, the Ministry of Energy set new maximum retail prices for fuel: 6.95 PLN/l for 95-octane gasoline, 7.76 PLN/l for 98-octane, and 8.03 PLN/l for diesel. While these limits aim to protect household budgets, analysts note that global market pressures and high refinery margins continue to influence domestic pricing.
Entities
CPN Program · Erste · Główny Urząd Statystyczny · Ministerstwo Energii · Ministry of Energy · Miłosz Motyka · Monetary Policy Council · Narodowy Bank Polski · ORLEN · PKO Research · Poland · Statistics Poland
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] The CPN program includes reducing VAT on fuel from 23% to 8%. biznes.wprost.pl
- [● 4 SOURCES] The CPN program is expected to last until the end of 2026. biznes.wprost.pl · biznes.interia.pl · wiadomosci.onet.pl
- [○ 1 SOURCE] Nearly 30 refineries in Europe have closed in the last 15 years. www.wnp.pl
- [● 2 SOURCES] A new tax on excessive profits from fuel companies has been introduced. biznes.wprost.pl · wiadomosci.onet.pl
- [○ 1 SOURCE] Core inflation in Poland was 3.1% in September. next.gazeta.pl
- [● 3 SOURCES] The CPN program cost is estimated at approximately 5 to 10 billion PLN. biznes.interia.pl · wiadomosci.onet.pl
- [● 3 SOURCES] Fuel prices are subject to maximum retail price limits set by the Ministry of Energy. biznes.wprost.pl
- [DISPUTED] September inflation in Poland rose to 4.1% year-on-year. www.budownictwo.co · next.gazeta.pl · dorzeczy.pl · www.money.pl
- [● 4 SOURCES] The 'Lower Fuel Prices' (CPN) program is scheduled to remain in effect until the end of 2026. biznes.wprost.pl · biznes.interia.pl · wiadomosci.onet.pl
- [● 3 SOURCES] A new windfall tax on fuel companies is being implemented to fund the CPN program. biznes.wprost.pl · wiadomosci.onet.pl
- [DISPUTED] The Ministry of Energy announced maximum fuel prices for October 16, including 6.95 PLN/l for 95-octane gasoline, 7.76 PLN/l for 98-octane, and 8.03 PLN/l for diesel. biznes.wprost.pl · lowiczanin.info · autogaleria.pl
- [○ 1 SOURCE] The National Bank of Poland reported core inflation at 3.1% for September. next.gazeta.pl