Polish retail prices rise 2.7% in June, led by household chemicals and bakery items
In June, Polish consumer purchases became on average 2.7% more expensive year‑on‑year, according to the latest "Retail Store Price Index" report that analysed close to 100,000 prices across 17 product categories. The sharpest increases were recorded for household chemicals (+6.1%), bread (+5.3%), sweets and desserts (+5.2%), personal‑hygiene products (+5.1%) and fish (+4.5%). Prices fell in the categories of fats, food additives and dairy products.
Erste Bank economist Marcin Luzinski explained that the rise in sweets reflects recent global chocolate‑price spikes that are now subsiding, while the surge in chemicals and hygiene items stems from higher production costs linked to the Middle‑East crisis. Fish prices are driven by ocean‑temperature changes that reduce seafood supply. Other notable gains include tobacco (+3.6%), meat (+3.4%), grain products (+3.4%) and drinks (+3.2%). Analysts such as Dr Agnieszka Łopatka see the overall price pressure easing, suggesting a likely stabilization at a new, higher level rather than a return to previous prices.
Entities: Agnieszka Łopatka · Erste Bank · Marcin Luzinski