Locked content Banking indicator inches up in July

The Pengab indicator, which measures the conditions in the banking industry, grew by 0.1 points month-on-month to 26.5 points in July, according to data quoted by ISBnews. In an identical period last year, the indicator registered 11.3 points. The assumptions component of the Pengab index also inche...

Locked content Bankers expect inflation at 2.46%

Bankers surveyed by pollster TNS Polska expect inflation between December 2013 and December 2014 to be 2.46 percent year-on-year, according to data quoted by ISBnews. A year ago the expectations were at 2.29 percent. CPI inflation amounted to 0.3 percent y/y in June compared to 0.2 percent y/y in Ma...

Locked content Treasury debt at PLN 740.37 bln

The total debt of Poland’s State Treasury amounted to PLN 740.37 billion at the end of May 2014, according to data from the Ministry of Finance quoted by ISBnews. It grew by 0.4 percent month-on-month and by 11.2 percent compared with the end of 2013. The growth mostly resulted from the financing of...

Locked content NBP: Situation improves in enterprise sector

The economic situation of Polish businesses is improving, according to a report issued by the National Bank of Poland on Monday. Forecasts from Q3 2014 are slightly more optimistic than those for Q2. More than 75 percent of the surveyed companies said that their situation is very good, which is 2 pe...

Locked content GDP growth seen at 3.5% this year – expert

Poland’s gross domestic product may have grown at 3.1 percent year-on-year in the first quarter of this year, according to a statement from Paweł Durjasz, a member of the Prime Minister’s Economic Council. Full-year growth in 2014 may amount to 3.5 percent, he said. Data from the Central...

Locked content Production in construction up by 6.8% – Eurostat

In May, seasonally adjusted production in the construction sector rose by 6.8 percent year-on-year in Poland, according to data released by the EU’s statistics office Eurostat on Thursday. In month-on-month terms it declined by 3.9 percent. Throughout the EU production in the construction sector gre...

Locked content HICP inflation at 0.3% in June

HICP inflation in Poland amounted to 0.3 percent year-on-year in June, according to a data release published by the EU’s statistics office Eurostat on Thursday. In month-on-month terms prices remained unchanged. Throughout the EU inflation was 0.7 percent y/y and 0.1 percent m/m in June. In the euro...

Locked content ZEW expectations for Poland down in July

The economic expectations index for Poland, calculated by the ZEW Center for European Economic Research in Mannheim and Erste Bank, declined by 16.4 points month-on-month to 25 points in July, according to data quoted by ISBnews. The assessment of the current economic situation also declined, by 16....

Locked content BIEC prosperity index inches down in July

The prosperity index calculated by the Bureau for Investments and Economic Cycles (BIEC) inched down by 0.2 points month-on-month in July, the Polish Press Agency reports. The decline was mostly due to a lower rate of salary growth than in the previous months, BIEC analysts said. June salary growth ...