Ratings agency S&P has upgraded Poland’s long and short-term rating in foreign currencies at “A-,” the agency stated on Friday. The ratings’ outlook is stable.
Seasonally adjusted industrial production in Poland increased by 5 percent year on year in August, according to data published by Eurostat.
The Ministry of Finance sold retail bonds worth PLN 984 million in September compared to PLN 1.04 billion in August. So far this year nearly PLN 9 billion worth of retail bonds have been sold According to FinMin the three-month saving bonds were the most popular last month and accounted for roughly...
The value of foreign direct investments (FDI) in Poland serviced by the Polish Investment Agency and Trade (PAIH) increased by 70 percent y/y to €1.2 billion at the end of the third quarter, the agency has announced.
Economic growth in Poland will accelerate to 4.4 percent this year, while next year it will slow down to 3.5 percent, the International Monetary Fund (IMF) has forecasted. This means a rise in the forecast for 2018 presented in April by 0.3 percentage points.
The Composite Leading Indicator (CLI) for Poland decreased by 0.17 points m/m in August to 99.2 points. In y/y terms, the indicator decreased by 0.6 points, according to OECD data.
Nextbike raised its forecast for the Polish city bike market potential to 50,000-60,000 in 2025 from 48,000 expected earlier, CEO Robert Lech said. The company plans to close this year with 17,800 bikes versus 12,200 at the end of 2017. In addition, Nextbike expects its fleet to grow by another 5,30...
The value of contracts for co-financing from the EU increased by PLN 5.0 billion in September, the Ministry of Investment and Development (MIiR) has reported.
The seasonally adjusted unemployment rate in Poland was 3.4 percent in August compared to 3.5 percent in July, the EU statistical office Eurostat reported. The number of unemployed people decreased to 585,000 in July from 600,000 a month earlier. In the entire EU, unemployment stood at 6.8 percent.
Prices of consumer goods and services increased in September by 1.8 percent year-on-year and 0.2 m/m, statistics office GUS informed in a flash estimate. Last month, prices for foods and non-alcoholic beverages increased by 2.3 percent y/y and 0.6 percent m/m, energy prices went up by 1.8 percent y/...