Locked content Economic climate continues to improve – IRG SGH

The economic climate index calculated by the Research Institute for Economic Development of the Warsaw School of Economics (IRG SGH) inched up by 0.2 points quarter-to-quarter and amounts to -4.9 points in Q3 2014. In year-on-year terms the index grew by 7.6 points, the IRG SGH said. The survey show...

Locked content Ministry sees GDP growth slowing down in Q2

Following macroeconomic data released in July, the Polish Ministry of Economy expects GDP growth in the second quarter of this year to be 3.1 percent compared to 3.4 percent in Q1, according to a statement quoted by the Polish Press Agency. At the same time, the ministry upheld its forecast for full...

Locked content Polish exports to Russia – more than just fruit

Besides targeting apple imports, Russia has also banned Polish pears, plums, sour cherries and sweet cherries, cauliflower and cabbage. Polish beef could be the next product to be scrutinized by the Russian phytosanitary authorities, as reported by forsal.pl. According to the Ministry of Agriculture...

Locked content EY expects stable economic growth

The current forecast made by EY predicts a 3.3 percent growth of the Polish economy in the current year. This is a half a percentage point higher than EY’s previous forecast earlier this year, as reported by IAR. According to EY, the rate of growth should remain rather steady. EY experts predi...

Locked content Retail trade down by 0.5% y/y in June – Eurostat

The volume of retail trade in Poland inched down by 0.5 percent year-on-year in June, according to a data release from the EU’s statistics office Eurostat. In month-on-month terms it grew by 1 percent. Throughout the EU retail trade rose by 2.5 percent y/y and by 0.3 percent m/m in June. In the euro...
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Locked content Poland’s exports grows 9.4% in June – KUKE

Polish exports increased by 9.4 percent in June year-on-year and 2.4 percent month-on-month and was worth €13.97 billion, export insurer KUKE estimated in a statement. The June increase in turnover stems mostly from seasonal factors as June is often the period of restocking for the holiday period, a...

Locked content Producer prices up by 1.1% in June – Eurostat

Industrial producer prices declined by 1.1 percent year-on-year in Poland in June, according to data released on Monday by the EU’s statistics office Eurostat. In month-on-month terms, they remained stable. Across the EU industrial producer prices declined by 0.8 percent y/y and rose by 0.1 percent ...

Locked content BIEC: Slower improvement on labor market

The forward-looking labor market indicator, calculated by the Bureau for Investments and Economic Cycles (BIEC) has been declining for a year, according to a report from the institution quoted by the Polish Press Agency. Over the past months the rate of decline has slowed down over the past months, ...

Locked content Budget deficit at PLN 25.3 bln after May

Poland’s budget deficit amounted to PLN 25.3 billion after May, according to revised data from the Ministry of Finance quoted by ISBnews. It stood for 53.3 percent of the annual plan. The ministry had earlier estimated that the May budget deficit was PLN 25.36 billion. Budget revenue amounted to PLN...