Locked content Budget deficit at PLN 24.64 bln

Poland recorded a budget deficit of PLN 24.64 billion as of the end of August, according to Finance Ministry estimates quoted by ISBnews. It stood for 51.9 percent of the plan for 2014. The budget plan stipulated for a PLN 36.77 billion deficit after August, which would stand for 77.4 percent of the...

Locked content EU to consider new financing instruments – Szczurek

EU member states and the European Investment Bank will use the next one or two months to assess investment projects and consider whether any additional financial instrument is needed, Finance Minister Mateusz Szczurek said after returning from a sitting of the Economic and Financial Affairs Council ...

Deflation continues in August

Prices of consumer goods and services in Poland declined by 0.3 percent year-on-year, according to data released by the Central Statistical Office (GUS) on Monday. In month-on-month terms prices fell by 0.4  percent.

Locked content Number of bankruptcies down in August – KUKE

There were 63 bankruptcies recorded in Poland in August 2014, according to data from the Export Credit Insurance Corporation (KUKE) quoted by ISBnews. The figure was 6 percent lower than in August 2013 and 21.3 percent lower than in July 2014. The decline in the number of bankruptcies last month is ...

Locked content BIEC sees no perspective for inflation growth

The future inflation index calculated by the Bureau for Investments and Economic Cycles (BIEC) inched up by 0.4 points month-on-month in September, according to data quoted by the Polish Press Agency. There is little threat of an inflation rebound, the institution said. The indicator grew only sligh...

Locked content Employment up by 1.5% in Q2 – Eurostat

In the second quarter of 2014, employment in Poland grew by 1.5 percent year-on-year, according to a data release issued by Eurostat on Friday. Compared to Q1 employment inched by 0.5 percent. Throughout the EU employment grew by 0.7 percent y/y and by 0.3 percent quarter-on-quarter in Q2 2014. In t...

Locked content Industrial output up by 2.3% in July – Eurostat

The volume of industrial production grew by 2.3 percent year-on-year in July 2014, according to data published by the EU’s statistics office Eurostat on Friday. In month-on-month terms it rose by 1.1 percent. Throughout the EU industrial production grew by 2 percent y/y and by 0.7 percent m/m in Jul...