Locked content Euro adoption is not linked with rating increase – S&P

The euro adoption would bring Poland long-term benefits in the field of crediting, according to a report issued by Standards & Poor’s (S&P). The agency, however, will not increase Polish sovereign credit rating automatically when the state joins the euro zone. According to S&P, eur...

GUS: Q4 GDP growth lowest in 2014

Poland’s GDP grew by 3.0 percent in the fourth quarter of 2014 compared to the corresponding period of 2013, falling short of analysts’ expectations of 3.1 percent. The annual growth rate dropped by 0.3 percentage points compared to Q3 2014, the Central Statistical Office informed.

2014: exports rose by 5.2% and imports by 5.5%

In January-December 2014, the value of Polish exports reached €163.1 billion, an increase of 5.2 percent year-on-year and imports value reached €165.5 billion, an increase of 5.5 y/y, the Central Statistical Office (GUS) informed.

Salaries up by 3.4% in 2014 y/y

The average gross monthly salary in the national economy grew by 3.4 percent year-on-year in 2014 to PLN 3,783 the Central Statistical Office (GUS) said on Tuesday. The average gross monthly salary in the national economy in 2013 stood at PLN 3,653.