Poland’s inflation rate slowed to 3.5% in October

(1) Preliminary estimates show that Poland's annualized inflation rate for October 2026 slowed to 3.5% from 4.1% the previous month. (2) The slowdown was mainly driven by a 0.1% decrease in prices of food and non-alcoholic beverages. (3) Meanwhile, costs for private transport fuels and lubricants remained high, rising by 21.7%; electricity, gas, and other fuel prices increased by 6.0%. (4) Month-on-month, consumer prices fell by 0.4% in October, compared to a 0.7% increase in September, marking the first monthly decrease after three consecutive months of increases.