Locked content Core inflation at 0.4%

Core inflation, excluding food and energy prices, amounted to 0.42 percent year-on-year in November, compared to 0.2 percent in October, the National Bank of Poland said on Tuesday. Inflation excluding state-controlled prices amounted to -0.9 percent y/y compared to -0.8 percent in October. Inflatio...

Salaries up by 2.7%, employment by 0.9%

The average monthly salary in the Polish enterprise sector grew by 2.7 percent year-on-year and amounted to PLN 4004.80 in November, according to data published by the Central Statistical Office (GUS) on Tuesday. In month-on-month terms salaries grew by 0.6 percent.

Locked content Budget deficit at PLN 24.77 mln

Poland’s budget deficit amounted to PLN 24.77 billion at the end of November, according to estimates from the Ministry of Finance quoted by ISBnews. It stood for 52.1 percent of the full-year plan for 2014. A month earlier the budget deficit was PLN 27.23 billion. By end-November, budget revenue amo...

Ministry of Agriculture pursues closer ties with Azerbaijan

Vice minister of Agriculture Tadeusz Nalewajk is present in Baku and is discussing the possibility of export of Polish apples, milk and poultry to the Eurasian country. The government mission headed by Janusz Piechociński, the minister of the economy, is focusing on 11 nations that may prove to be t...

Deflation remains at 0.6%

The consumer price index in Poland remained in the negative in November and amounted to -0.6 percent year-on-year, according to data published by the Central Statistical Office on Monday. In month-on-month terms prices declined by 0.2 percent.

Locked content No price growth expected – BIEC

The future inflation index calculated by the Bureau for Investments and Economic Cycles (BIEC) rose insignificantly month-on-month in December, according to data quoted by the Polish Press Agency. Only three of the nine factors contributing to the indicator registered growth last month. Other factor...

Locked content Employment up by 0.5% in Q3 – Eurostat

The level of employment in Poland increased by 1.9 percent year-on-year in Q3 2014, according to data published by the EU’s statistics office on Friday In quarter-on-quarter terms, employment in Poland inched up by 0.5 percent. In Q2 2014 the growth was 0.6 percent q/q. Throughout the European Union...

Locked content Public debt at PLN 802.13 billion

The state public debt of Poland grew by 1.1 percent quarter-on-quarter to PLN 802.13 billion in Q3 2014, according to data from the Ministry of Finance quoted by the Polish Press Agency. In Q1-3 2014 the figure declined by PLN 80.17 billion. In the third quarter of this year, the debt of the governm...