Locked content PPI down by 1.4% in Poland – Eurostat

Industrial producer prices declined by 1.4 percent year-on-year in Poland in July, according to data published by the EU’s statistics office Eurostat on Tuesday. In month-on-month terms, PPI was stable. Throughout the EU, industrial producer prices declined by 1.3 percent y/y and by 0.2 percent m/m....

Locked content Euler Hermes: 62 companies bankrupt in August

Allianz Group member Euler Hermes said on Tuesday that in August 2014 62 companies went bankrupt, in comparison to 66 in August 2013. The data was provided by the Court and Commercial Gazette (Monitor Sądowy i Gospodarczy), an official Polish publication. The companies’ last known turnover amounted ...

Locked content BIEC: Labor market not improving yet

The forward-looking labor market indicator, calculated by the Bureau for Investments and Economic Cycles (BIEC) remained unchanged in month-on-month terms in August, according to a report from the institution quoted by the Polish Press Agency. Seasonal factors were dominant in the recent improvement...

Locked content Budget deficit at PLN 26.4 bln

Poland’s budget deficit amounted to PLN 26.4 billion after July, according to data from the Ministry of Finance quoted by the Polish Press Agency. The ministry had earlier estimated the July deficit at PLN 26.35 billion. Budget expenditures stood at PLN 188.94 billion, close to the ministry’s earlie...
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PMI inches down again

Poland’s Manufacturing PMI remains below the neutral level of 50, signaling a deterioration of conditions in the manufacturing sector, according to a news release from HSBC and Markit Economics. In August, the index inched down to 49 points from 49.1 in July.
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EC to support dairy producers

In order to support the European dairy sector, European Commission plans to subsidize the private storage of butter, skimmed milk powder (SMK) and selected types of cheese, an EC press release said on Thursday. The subsidy value is said to be €10-20 million.
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FinMin: GDP growth at 3.4% in 2015

Poland’s Ministry of Finance will suggest a 3.4 percent GDP growth forecast for the 2015 budget framework, Finance Minister Mateusz Szczurek was quoted as saying by the Polish Press Agency.