Polish Inflation Slips Below Target in Boost for Rate Cuts

Polish inflation slowed more than expected in November, coming below the central bank’s target of 2.5% and giving the central bank strong arguments to cut interest rates for a fifth straight meeting.

The consumer price index rose 2.4% from a year ago, its lowest since April 2024, below the median forecast of 2.6% in a Bloomberg survey, and down from 2.8% in the previous month, according to preliminary data. The inflation rate increased 0.1% from October.