The budget deficit amounted to PLN 579.6 million at the end of January 2015. It stood for 1.3 percent of this year’s budget deficit plan, the Ministry of Finance announced.
Consumer inflation will stand at -1.3 percent in February year-on-year, according to analysts from the Ministry of the Economy.
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...
Consumer deflation stood at 1.3 percent year-on-year in January meeting the Ministry of the Economy and analysts’ expectations.
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.
Seasonally adjusted industrial production in Poland grew by 5.7 percent year-on-year in December 2014, according to data published by the EU’s statistics office Eurostat.
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.
The general government deficit, i.e. the deficit of the central and local governments and the social security funds controlled by these units, might have exceeded 3.3 percent in 2014, Polish Finance Minister Mateusz Szczurek told Dziennik Gazeta Prawna.
The Polish Financial Supervision Authority (KNF) approved the purchase of Meritum Bank shares by the WSE-listed Alior Bank, according to the press release.
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.