Locked content Footfall down 4.2% y/y in June

The number of clients in shopping centers dropped in June by 4.2 percent y/y. In month-on-month terms it increased by 2.7 percent, according to FootFall Index Polska. June was the fourth month when the Sunday trade ban is in force. In 2018, stores remain open on two Sundays each month, as well as tw...

Locked content PLN 800 mln as relief for damages caused by drought and flood

The Council of Ministers has adopted a resolution to pay out PLN 799.5 million in relief for farms and fisheries affected by drought or floods in 2018. Agricultural drought has affected 82.97 percent of municipalities in Poland and 63.14 percent of arable land. Additionally, a flood in southern Pola...

Locked content Eurostat: Unemployment in Poland down to 3.7% in June

Seasonally-adjusted unemployment rate in June, stood at 3.7 percent in June, compared to 3.8 percent in May, according to Eurostat methodology. The number of unemployed persons was 635,000. In the eurozone, unemployment came in at 8.3 percent in June, unchanged from May, compared to 9 percent a year...

31% of companies plan to use R&D tax breaks in 2018 – KPMG

Nearly a third of companies (31 percent) plan to use the R&D tax breaks in 2018, while 64 percent intend to increased R&D spending within the next three years, according to a report published by consultancy KPMG. Out of the companies that plan to increase investments, 49 percent are going to...

Poland no. 1 in Europe in jobs created within greenfield FDI projects

Greenfield projects carried out as Foreign Direct Investments in Poland in 2017 created the highest number of workplaces in Europe, growing by 53 percent compared to 2016, according to “fDi Intelligence: Global greenfield investment trends” report. “Over 99,000 jobs makes Poland an unquestionable le...

Locked content CPI inflation at 2% y/y in July – GUS flash estimate

Prices of consumer goods and services increased in July 2018 by 2 percent year-on-year and decreased by 0.1 percent compared to June levels, statistics office GUS informed in a flash estimate. In June, the readings were also +2.0 percent y/y and -0.1 percent m/m. In July, prices for foods and non-al...

Locked content PGG plans to extract 30.5 mln tonnes of coal in 2018

Polish mining conglomerate PGG plans to extract over 30.5 million metric tonnes of coal in 2018, CEO Tomasz Rogala informed. “In the first half of the year, PGG mines extracted 14.8 million tonnes of coal, which is 800,000 tonnes more than in the same period of last year…,” he said. Work productivit...