Food is becoming more and more expensive: Economists predict that food and non-alcoholic beverages will become more expensive even in December by over 5 percent year to year. Inflation has been accelerating for several months. Average raise in September prices In stores was 4.9 percent, and in August – 4.3 percent. In October it was already 5.4 percent on average. At the peak of 2025 prices in these categories they are expected to grow at a rate of up to 7-8%.
The industry is afraid of price increases: Last year's price increase before Christmas made Poles they bought goods of much lower value. Stores would like to avoid this, which, combined with the ongoing price war between discount stores, may change the pre-Christmas sales strategy, says Dr. Eng. Anna Motylska-Kuźma from the University of Lower Silesia, DSW. For this reason, an expert does not expect significant price increases.
Trump is already setting prices: Motylska-Kuźma believes that in the coming months prices in stores will be mainly influenced geopolitical factors. They will largely depend on what kind of relations Europe will build with Donald Trump. What will happen beyond our eastern border will also be important. In addition, the following will be important, among others: China's actions towards Taiwan. The disturbing geopolitical situation causes a lot currency value fluctuationsbut also fuel prices. This translates into the final prices of imported products and goods.
Read also article on the statement of the Chairman of the Monetary Policy Council after the last meeting of the Council: “Glapiński talks about rates. 'The situation has changed, we didn't expect it'. When will the cut be?”
Source: Monday News Press Release