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Inflation inches up to 0.3% y/y

CPI inflation in Poland amounted to 0.3 percent year-on-year in June, the Central Statistical Office (GUS) said in a data release on Tuesday. In month-on-month terms prices remained unchanged.

Locked content Think tank ups GDP growth forecast

The Gdańsk Institute for Market Economics (IBnGR) has raised its forecast for Poland’s 2014 GDP growth from 3.1 to 3.5 percent, according to a report quoted by the Polish Press Agency. In each quarter of this year, growth will be higher, reaching 3.6 percent year-on-year in the last three months, th...
Readings of the index, January 2005 - July 2014Image : Carrefour Polska

Carrefour Barometer inches down in July

The “Carrefour Barometer,” an index of consumer sentiment commissioned by the Polish branch of FMCG retailer Carrefour and compiled by the Gdańsk Institute for Market Economics (IBnGR), inched down by one point month-on-month in July, the retailer said in a news release on Tuesday.

Locked content Future inflation index down in July

The future inflation index calculated by the Bureau for Investments and Economic Cycles (BIEC) declined by 0.7 points month-on-month in July, according to a release from the research firm quoted by the Polish Press Agency. This was the second consecutive month of decline. Inflationary pressure in th...

Locked content Randstad: Poles more willing to change work

The employee mobility index for Poland, calculated by Randstad, grew again in Q2 2014 and amounted to 108 points, the company said in a statement quoted by the Polish Press Agency. The index reflect the probability of a job change within six months. Poles’ openness toward job changes has increased b...

Locked content GDP might slow down in H2 – Piechociński

Poland’s GDP for Q2 “should stay above 3 percent” threshold, but it may slow down in the second half of the year, said Deputy PM Janusz Piechociński. “Along with all central and eastern Europe we are entering a phase of deflation,” Piechociński told reporters. “I would prefer bolder and more daring ...

Locked content Money stock inches up in June

In June, total money supply (M3) increased by 0.4 percent month-on-month in nominal terms, reaching PLN 995.5 billion, according to data issued on Monday by the National Bank of Poland. The growth was mainly due to the increase in corporate deposits, which amounted to PLN 199.5 billion at the end of...

Locked content Industrial production up by 2.2% y/y – Eurostat

Poland’s seasonally adjusted industrial production grew by 2.2 percent year-on-year in May, according to data published by the EU’s statistics office Eurostat on Monday. In month-on-month terms it declined by 1.6 percent. Throughout the EI industrial production grew by 1.1 percent y/y and declined b...

Locked content Belka: NBP must contribute to law on central bank

The new version of the law on the National Bank of Poland should not hamper the scope of competence of the Monetary Policy Council (RPP), central bank head Marek Belka said in an interview for Obserwator Finansowy. The NBP issued a statement on Friday saying that the RPP and the central bank’s manag...