The harmonized index of consumer prices for Poland stood at 1.6 percent year-on-year in October, the same as in September, according to data released by the EU’s statistics office Eurostat. In month-on-month terms, prices increased by 0.4 percent.
Łukasz Hardt, member of the Poland’s Monetary Policy Council RPP said that a small interest rates hike might be possible early next year if inflation continues to be nearing its 2.5 percent target. “The fact that at the conference after the November RPP meeting I said that it is too early to increas...
As many as 283k pension applications have been filed so far to the Social Security fund (ZUS), representing 70 percent of all people entitled to retire earlier, after Poland lowered its retirement age. As many as 410k people have the right to do so until the end of this year.
Poland’s gross domestic product grew by 4.7 percent year-on-year in the third quarter of 2017, according to a flash estimate published by the Central Statistical Office (GUS). The quarter-to-quarter growth was at 1.1 percent. GUS also revised the Q2 growth to 4 percent from the previous 3.9 percent....
Seasonally adjusted industrial production in Poland increased by 6.8 percent year on year in September, according to data published by Eurostat.
Poland’s base inflation (excluding food and energy prices) amounted to 0.8 percent in October y/y. In m/m terms it dropped by 0.2 percentage points, according to data released by Poland’s Central Bank NBP.
The value of EU subsidy applications submitted by November 12 amounted to PLN 263.9 billion, according to data released by the Ministry of Development. Till that day, 25,681 contracts for the EU co-financed projects amounted to PLN 143.2 billion in EU subsidies.
Poland’s inflation rate stood at 2.1 percent in October year-on-year, the Central Statistical Office (GUS) confirming the previously released flash estimate.
The number of immigrants from the Ukraine in Poland will reach 1.2 million at the end of 2017, according to the Central Bank NBP’s forecasts. In the coming years, that figure should increase by 0.2-0.3 million people per annum.
Net assets under management (AuM) of Polish investment funds increased by 0.6 percent m/m to PLN 275.4 billion in October, a report by researcher Analizy Online and asset management lobby IZFiA showed.