Price stability expected in Poland before Christmas, but post-holiday increases loom due to geopolitical and economic factors.
According to a report by UCE Research and WSB Merito University, prices in Poland are expected to remain stable leading up to the holidays. Retailers are leveraging promotional strategies amidst ongoing price wars, hoping to attract cautious consumers who were deterred by last year’s sharp pre-Christmas price hikes.
Geopolitical Impacts on Post-Holiday Costs
Experts warn of price increases after the holidays due to geopolitical uncertainties, including economic shifts linked to Donald Trump’s return to power. Currency fluctuations, rising energy costs, and potential changes in U.S.-Europe relations are key contributors. Economists emphasize that Polish consumers are already sensitive to inflation, which limits the scope for drastic price hikes in the near term.