Locked content COIG: 213 companies went bankrupt in Q1

According to the data released by the General Economic Information Center (COIG), 213 companies filed for bankruptcy in Q1. This is a 13 percent increase y/y. The main reasons are insufficient capital invested when setting up a business, too little knowledge about tax regulations, legal aspects and ...

Locked content Export from Poland up 2.5% in May

Export from Poland grew by 2.5 percent y/y in May and by 0.2 percent on a monthly basis, the chief economist of the Polish Chamber of Commerce Piotr Soroczyński said.  The analysis was prepared on the basis of economic data and opinions of the members of Polish Chamber of Commerce. Soroczyński added...

Locked content Inflation should remain close to NBP target – Glapiński

The head of National Bank of Poland (NBP) Adam Glapiński said that inflation forecast indicates that it will remain close to the NBP target of 2.5 percent. Glapiński also stated that the economic outlook for the following quarters is favorable. According to the March outlook, average annual inflatio...

PAIH supporting 178 projects worth EUR 7.2 bln

The Polish Investment and Trade Agency (PAIH) is currently supporting 178 foreign direct investments worth a total of EUR 7.2 billion, the agency said. Last year, PAIH worked on 179 projects with a total value of EUR 5.9 billion.

PMI grows to 54.2 points in June

The Purchasing Managers Index for Poland in June has increased to 54.2 points, from 53.3 points in January. The market consensus was 53.1 points. This is the best result since the beginning of the year.