Inflation Rate (CPI/HICP) (PLN)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Latest reading: -0.4 %YoY · Last updated: · Source: NBP/GUS

Category: Economy

API Endpoint

/api/v1/announcements/pln/inflation

About Inflation Rate (CPI/HICP) (PLN)

Poland's headline Consumer Price Index (CPI) measures the monthly change in the price level of a representative basket of consumer goods and services. It is the primary inflation measure monitored by the Narodowy Bank Polski.

Why FX traders watch it

Central banks, including the Narodowy Bank Polski, set policy rates in response to inflation. An above-target CPI print increases the probability of a rate hike, which is typically pln-positive, while below-target inflation raises rate-cut odds and can weaken the currency.

How to interpret the data

An inflation reading above consensus or above the Narodowy Bank Polski's target band is hawkish and supports the pln. A downside surprise is dovish and tends to weigh on the currency, particularly when inflation has been trending lower for several months.

Historical Inflation Rate (CPI/HICP) (PLN)

Source: NBP/GUS  ·  Monthly  ·  %YoY

Data provided by FXMacroData via the /api/v1/announcements/pln/inflation endpoint. For access, see pricing.

Data Source

Primary Source

NBP/GUS

Official Series ID

GUS/P3516

Data Format and Properties

Data Frequency

Monthly

Unit of Measure

%YoY

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format.

{
    "currency": "PLN",
    "indicator": "inflation",
    "has_official_forecast": false,
    "start_date": "2023-01-01",
    "end_date": "2023-12-31",
    "data": [
        {
            "date": "2024-07-01",
            "val": 4.2,
            "announcement_datetime": 1722456000
        }
    ]
}

Request Parameters & Usage

Parameter Required Format Description
start_date NO YYYY-MM-DD Optional lower bound for the requested history.
end_date NO YYYY-MM-DD Optional upper bound. Defaults to the current date.
api_key CONDITIONAL string Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve Inflation Rate (CPI/HICP) data for PLN from 2023:

GET https://fxmacrodata.com/api/v1/announcements/pln/inflation?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY

Frequently Asked Questions

What is the Narodowy Bank Polski's inflation target?
Most major central banks target annual inflation near 2%. Check the Narodowy Bank Polski's current monetary policy statement for the official target.
How is headline CPI different from core CPI?
Headline CPI includes all items, notably food and energy, which are volatile. Core CPI strips these out to give a cleaner read of underlying price pressure.
Which currency endpoint serves Poland CPI data?
Historical CPI data for Poland is available at /api/v1/announcements/pln/inflation.