In recent months, the Polish economy has demonstrated resilience, outpacing much of Europe. Key indicators such as inflation and interest rates signal a positive trend for consumers and businesses alike.
Inflation Rates in Poland
As of November 2025, consumer inflation in Poland stood at 2.5%. This represents a significant reduction from December 2024, when it was 4.7%. The core inflation, excluding food and energy prices, decreased from 4% to 2.7% during the same period.
Interest Rate Cuts Boost Economy
The Polish central bank (Narodowy Bank Polski) responded to falling inflation by reducing interest rates. Over the course of 2025, the Monetary Policy Council cut rates six times, totaling a reduction of 1.75 percentage points. Consequently, the NBP’s main interest rate dropped from 5.75% in December 2024 to 4% in December 2025.
Economic Outlook for 2026
Economist Kazimierz Krupa expressed optimism regarding the future of the Polish economy. He highlighted the revival of internal demand post-COVID-19 and noted that Poland continues to find new markets for its products. He asserts that the upcoming year seems promising, especially given the decreasing inflation rates and interest rates.
Challenges Ahead
- Globalization: Polish businesses face pressures from international trade dynamics.
- Legal Uncertainty: A significant challenge is the unpredictability of laws, especially concerning taxation.
- Technological Changes: The impact of artificial intelligence and innovation poses both challenges and opportunities.
Krupa acknowledges these challenges but emphasizes that Polish enterprises have historically managed them well. Furthermore, he noted that clarity around tax regulations could enhance confidence and lead to increased investments, positively impacting the average Polish citizen’s wallet.
Conclusion
With a strong economic performance compared to its European neighbors, Poland is on a path toward continued stability and growth. The impending reduction in rates is expected to revive lending, potentially boosting investments and further solidifying the economy.
As 2026 approaches, there are reasons for confidence in the Polish economy, with careful monitoring needed to address legal uncertainties and the evolving landscape of global commerce.
