Locked content Retail trade up by 0.6% – Eurostat

The volume of retail trade in Poland inched up by 0.6 percent year-on-year in October 2014, according to data published on Wednesday by the EU’s statistics office Eurostat. In month-on-month terms the growth was 0.5 percent. Throughout the EU retail trade grew by 2.0 percent y/y and by 0.7 percent m...

Locked content Domestic treasury debt at PLN 482 bln

The value of Poland’s domestic market debt stood at PLN 482 billion at the end of November compared to PLN 565.7 billion at the end of 2013, according to data from the Ministry of Finance, quoted by ISBnews. By the end of 2014, the state will have to buy back debt with a face value…

Locked content Bankruptcies sharply down in November – Euler Hermes

In November this year, 49 Polish companies were declared bankrupt, compared to 70 in November 2013, according to a report issued on Tuesday by Euler Hermes. In January-November 2014 the number of bankruptcies was 760 compared to 868 in the corresponding period of 2013. The significant improvement wa...

Locked content Two bond auctions a month planned for 2015

Poland’s Ministry of Finance plans two treasury bond sale auctions every month in 2015, except for August and December, according to a statement published on Monday. The auction will take place on Thursdays. Auctions of treasury notes will be organized depending on current needs, the ministry added....

Locked content Exports up by 4.7% in October – KUKE

Exports of goods from Poland increased in October by 4.7 percent year-on-year reaching €14.940 billion, according to the Export Credit Insurance Corporation (KUKE). In month-on-month terms exports grew by 4.8 percent. Exports growth in October is a typical result, the KUKE said. It is then that purc...

Locked content Budget deficit at PLN 27.23 bln

Poland’s state budget deficit amounted to PLN 27.23 billion at the end of October, according to final data from the Ministry of Finance, quoted by ISBnews. It stood at 57.3 percent of the full-year plan. The ministry earlier expected the October deficit at PLN 27.25 billion. Budget revenues stood at...

Locked content Q3 GDP growth at 3.3%, domestic demand up by 4.9%

Poland’s economy grew by 3.3 percent year-on-year in the third quarter of 2014, according to revised estimates published by statistics office GUS. The data is consistent with the flash estimate published in mid-November. In Q2 GDP growth stood at 3.5 percent. The main driver behind the economic grow...

Locked content Unemployment down again in October

Poland’s unemployment dropped to 8.3 percent in October, from 8.5 percent in September, according to data published by Eurostat. The jobless rate in the EU stood at 10 percent. Last year, the rate was significantly higher in October, at 10.1 percent. There were 1.45 million unemployed people in Pola...

Locked content EC: Poland’s conomic sentiment remains unchanged

Poland’s Economic Sentiment Indicator published by the European Commission remained unchanged month-on-month in November at 99.3 points, which puts it below the long-term (1999-2012) average. The ESI in the euro area increased by 0.1 points to 100.8. The indicator for the industry sector increased b...