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Inflation in Poland. Kantar Public survey – 62 percent Poles can see that the products have become more expensive

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According to preliminary data, in November inflation in Poland increased by 7.7 percent year on year. Last month, 62 percent of respondents noticed that product prices had risen, and this had an impact on their purchasing decisions, according to a Kantar Public poll. Almost everyone is also convinced that prices will continue to rise.

Kantar Public announced that in November, in a monthly survey, it decided to check whether the prices of the products have increased in the opinion of Poles and what they will be in the near future. The results from November were compared with those obtained in the June measurement.

The study was conducted on November 7-12, on a representative group of 1,009 Polish residents aged 15 and over.


Inflation in Poland. Research

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According to the survey, 62 percent. of respondents in November noticed an increase in product prices in their household budget (in June it was 60%) and this had an impact on their purchasing decisions. Almost every third respondent (30%) admitted that they noticed higher prices, but at the same time declared that it had not influenced their purchasing decisions.

On the other hand, 6 percent. respondents in November did not feel the price increase. In June, such an answer was given by 3 percent. respondents.

According to the study, higher prices influencing purchasing decisions were most often noticed by women (64%), respondents with primary education (73%), city dwellers 100,000-500,000. (72%), very interested in politics (71%) and voters of the Left (84%).

It was added that the lack of influence on store choices was indicated by men (33%), respondents aged 15-19 (44%), with secondary education (34%), living in cities of 20-100 thousand. (41%), not interested in politics (37%) and supporters of Law and Justice (47%).

Kantar Public also pointed out that respondents aged 15-19 (14%), with primary education (9%) and Confederation voters (12%) most often did not feel the increase in product prices.

The survey showed that 95 percent. of respondents believe that prices will continue to rise in the next 12 months. According to 37 percent. people, prices will rise sharply (18 percent in June). Nearly half, because 48 percent. of respondents believe that prices will grow as they have been so far (62 percent in June). For 10 percent prices will rise, but at a slower pace (14 percent in June).

The November reading also showed that only 1 percent. believes that prices will not rise, and 4 percent. people did not respond to it.

Kantar informed that the sharp rise in prices was indicated more often by people who were very interested in politics (48 percent) and voters of the Polish Coalition (66 percent). On the other hand, twenty-year-olds (54%), respondents with higher education (53%), city residents of 100-500 thousand people pay attention to a similar growth trend as at present. (58%) and Law and Justice voters (64%).

It added that a lower growth rate is likely for the respondents aged 15-19 (17%), city dwellers up to 20,000. (14%) and villages (13%) and supporters of Law and Justice (15%) and the Confederation (14%)

Inflation in November 2021

According to preliminary data from the Central Statistical Office, inflation in November increased by 7.7 percent year on year. This is the highest level since December 2000, when inflation was 8.5 percent year on year.

The Council of Ministers on Tuesday adopted the bill on the amendment to the act on excise duty and the act on tax on retail sales. The regulations provide for a temporary reduction in excise duty on motor fuels (diesel oil, petrol, LPG), exemption from excise duty for the sale of electricity used by households and a reduction in the excise duty rate for electricity. There is also a temporary exclusion of fuel sales from taxation with the tax on retail sales.

PAP / Maciej Zieliński

Main photo source: Shutterstock

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