ING Bank N.V.
June 30, 2026
Polish Inflation Returns To The Central Bank Target
Daily UpdateRates Govt BondsConsumer StaplesEnergy
Polish CPI inflation dropped to 2.5% in June, hitting the central bank target and leading markets to shift from rate hike expectations to potential cuts in 2H26.
Key Takeaways
- 1.Polish CPI inflation hit 2.5% in June, reaching the National Bank of Poland's target.
- 2.Downward surprises in food prices and fuel costs drove the inflation decline.
- 3.Markets have pivoted from pricing in rate hikes to speculating on potential rate cuts in 2H26.
Table of Contents
- Polish inflation returns to the central bank’s target in June
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Authors
Adam Antoniak
Themes
Inflation DynamicsMonetary Policy
Regions
EuropePoland
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