Report published August 13, 2026
Poland Final Inflation Print for July 2026: Goldman Sachs Research Insights
Source and citation context
- Issuer
- Goldman Sachs
- Report date
- August 13, 2026
- Analysis as of
- Not stated in source
Authors / editors: Kevin Daly (Analyst), Alessa Ann Abraham (Intern)
Finvaulta summarizes Goldman Sachs's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
Poland's headline inflation rose to 3.0% yoy in July, largely due to the expiration of fuel price caps. Despite this increase, Goldman Sachs maintains that the NBP is unlikely to hike rates.
Key Takeaways
- 1.Headline inflation in Poland rose to 3.0% yoy in July, driven primarily by the removal of fuel price measures.
- 2.Core inflation ticked up to 3.2% yoy, slightly exceeding previous levels.
- 3.Despite the uptick in inflation, prospects for near-term interest rate hikes remain low.
Table of Contents
- Disclosure Appendix
Report data
The Increase in Inflation Was Almost Entirely Driven by Transport
| Metric | Estimate | Context |
|---|---|---|
| CPI Inflation | 3.0% | Headline yoy |
| Core Inflation | 3.2% | National Core yoy |
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Authors / Editors
Reported Data Context
- CPI Inflation: 3.0 percent (July 2026) · Source: Statistics Poland
- Core Inflation: 3.2 percent (July 2026) · Source: Goldman Sachs Global Investment Research
Themes
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