Bankruptcies down by 7% in April

In April, 60 Polish companies went bankrupt, 5 less than in April last year, their turnover totaled PLN 400 million, their employment amounted to 1900 people, according to Euler Hermes, a credit insurance company. According to the report, the number of bankruptcies in the service and the manufacturi...

Locked content PMI down in April

The Poland Manufacturing PMI Index fell by 0.8 points month-on-month to 54 points in April, according to a report published by Markit Group. “The PMI index has been above the neutral threshold of 50 points for seven consecutive months, indicating an overall improvement in operating conditions in the...

United Arab Emirates to invest more in Poland

The United Arab Emirates announced new capital flow to Poland and will invest in large projects in the real estate market, infrastructure, food sector and renewables, among others, said economy minister, Janusz Piechociński during his visit to Dubai.

Eurostat: unemployment rate at 7.7% in March

The seasonally adjusted unemployment rate in Poland stood at 7.7 percent in March, according to data released by the EU’s statistics office Eurostat. In February the rate was 7.8 percent, while in March 2014 it stood at 9.6 percent.

IMF revises economic forecast for Poland

International Monetary Fund estimated that the Polish economy will grow by 3.5 percent this and the next year. In January, the forecast assumed an increase of 3 percent and 3.3 percent in 2015 and 2016 respectively.

Locked content Economic Sentiment Indicator rose in April

The Economic Sentiment Indicator (ESI) for Poland rose by 1.6 points month-on-month, and stood at 100 points in April, the European Commission estimated. The indicator for industry grew by 0.3 p. to -11.5 p. m/m, for building industry declined to -24.7 p. from -24.1 p. The ESI for consumption rose t...

Locked content ZEW indicator up in April

The indicator of economic expectations towards Poland increased in April by 9.4 points m/m and reached 55.6 points, the Centre for European Economic Research (ZEW) in Mannheim announced. The indicator of the current economic situation of the country declined by 12.7 points m/m and amounted to 29.6 p...

Unemployment rate falls in March – GUS

Poland’s unemployment rate stood at 11.7 percent at the end of March (along with the expectations) compared with 12 percent a month before, the Central Statistical Office (GUS) informed. In March 2014, the unemployment amounted to 13.5 percent.