Shocked by Inflation, Poles Await Double-Digit Energy Price Rise
- Tariff changes are key for inflation trajectory, MBank says
- Soaring prices became a hot-button political issue in Poland
An electricity transmission pylon in Belchatow, Poland.
Photographer: Bartek Sadowski/BloombergThis article is for subscribers only.
Poles are set to experience a severe sticker shock on Friday when energy regulator reveals how much they will pay for gas and power next year.
The watchdog could increase gas prices for heating by as much as 40% and electricity bills by 20%, Radiozet.pl reported without saying where it got information. While the government will lower taxes on energy early next year to cushions the fallout, the rise in tariffs could further fuel inflation, already at more than two-decade high.