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Morawiecki to replace Szydło – media

According to various media sources, ruling Law and Justice (PiS) party leader, Jarosław Kaczyński plans to replace current PM Beata Szydło with Deputy PM Mateusz Morawiecki. The change could happen as soon as next week.
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Black Friday price levels only 1.3% lower – Deloitte

During Black Friday online stores lowered the prices by an average of 1.3 percent compared to the level from a week earlier, November 17, according to a report prepared by Deloitte in cooperation with Dealavo. Price levels of 150 goods in 800 internet stores were analyzed. On Black Friday (November ...
apples web

Poland resumes apple juice imports from China

Poland has once again started importing condensed apple juice from China, according to daily Puls Biznesu. Apple shortage in Poland and in the EU has led to an increase in apple imports from China: between July and September 2017 EU imported 9.6 tonnes of condensed apple juice, nearly three times as...
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Fitch increases Poland’s GDP growth forecast to 4.4% in 2017

GDP growth will come in at 4.4 percent in 2017, then slow down to 3.6 percent in 2018 and to 3.2 percent in 2019, according to the latest projections by the Fitch ratings agency. Fitch increased GDP growth projections by 0.4 pp for 2017 and for 2018, and maintained its projection for 2019, compared ...
M1 Shopping Centre

EPP to acquire major retail portfolio for €692 mln

Investor Echo Polska Properties (EPP) is to acquire twelve M1 shopping centers and retail parks across Poland from an entity owned by PIMCO, Oaktree and Redefine Properties for a total of €692 million. The company will buy the assets in three tranches with the transaction expected to be closed in mi...
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Q3 GDP growth at 4.9%

Poland’s Q3 GDP grew by 4.9 percent y/y, Central Statistics Office GUS said revising earlier estimate which stood at 4.7 percent. In q/q terms GDP increased by 1.2 percent.
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Fuel prices stabilize

Average fuel prices decreased by PLN 0.03, while diesel prices went down by PLN 0.02 and LPG dropped by PLN 0.01 last week, according to BM Reflex, a fuel branch consultancy company.