State Treasury debt inches down in March

The State Treasury debt increased by 0.4 percent month-on-month at end-March and amounted to PLN 941.42 billion, Poland’s Ministry of Finance informed. Since the beginning of the year, the debt has increased by 1.4 percent.

Economic sentiment up in May – GUS

The combined economic sentiment indicator calculated by the Central Statistical Office (GUS) grew in May in year-on-year terms and contracted month-on-month, the institution said.

Retail sales on the rise in April – GUS

Retail sales increased in April by 8.1 percent year-on-year and 1.2 percent m/m, according to GUS. Market consensus prepared by the Polish Press Agency (PAP), saw the sales increase by 9.1 percent y/y and 0.8 percentdecline m/m.

Employment and wages growth continues in April – GUS

According to data released by the Polish Central Statistical Office (GUS), the average employment in April grew by 4.6 percent year-on-year, while the wages grew by 4.1 percent. In month-to-month terms, wages declined by 1.9 percent, while the employment increased by 0.2 percent.

MF sells PLN 3 billion worth of bonds

The Ministry of Finance sold PLN 3 billion worth of bonds on auction on Thursday. The five series will mature in 2019, 2022 (two issues), 2026 and 2027. Investor interest was at PLN 6.86 billion.

HICP inflation unchanged in April – Eurostat

The harmonized index of consumer prices for Poland stood unchanged at 1.8 percent year-on-year in April, according to data released by the EU’s statistics office Eurostat. In month-on-month terms, prices increased by 0.3 percent.

KUKE: Bankruptcies down by 20.4% in April

The number of bankruptcies in April totaled 43, a decrease of 20.4 percent y/y, according to data from the Export Credit Insurance Corporation (KUKE). In month-to-month term the figure fell by 2.3 percent.

GDP growth at 4 percent in Q1 – flash estimate

Poland’s gross domestic product grew by 4 percent year-on-year in the first quarter of 2017, according to a flash estimate published by the Central Statistical Office (GUS). The quarter-to-quarter growth was at 1 percent.