In a recent report released on April 30, 2024, Poland's Consumer Price Index (CPI) for the month of April has shown an increase to 2.4% year-over-year. This marks a rise from the previous indicator of 2.0% in March 2024. The CPI measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.
The comparison period provided is a year-over-year comparison, indicating that the current inflation rate for April 2024 is 2.4% higher than in April 2023. This uptick in the CPI suggests a gradual increase in the cost of goods and services for consumers in Poland. Economists will be closely monitoring these inflation trends to assess their impact on the country's economy and adjust any necessary policies accordingly.
