MF sells PLN 3 billion worth of bonds

The Ministry of Finance sold PLN 3 billion worth of bonds on auction on Thursday. The five series will mature in 2019, 2022 (two issues), 2026 and 2027. Investor interest was at PLN 6.86 billion.

HICP inflation unchanged in April – Eurostat

The harmonized index of consumer prices for Poland stood unchanged at 1.8 percent year-on-year in April, according to data released by the EU’s statistics office Eurostat. In month-on-month terms, prices increased by 0.3 percent.

KUKE: Bankruptcies down by 20.4% in April

The number of bankruptcies in April totaled 43, a decrease of 20.4 percent y/y, according to data from the Export Credit Insurance Corporation (KUKE). In month-to-month term the figure fell by 2.3 percent.

GDP growth at 4 percent in Q1 – flash estimate

Poland’s gross domestic product grew by 4 percent year-on-year in the first quarter of 2017, according to a flash estimate published by the Central Statistical Office (GUS). The quarter-to-quarter growth was at 1 percent.

Fitch: EU membership is a strong support for V4′ sovereign ratin...

Without the EU membership, V4 countries sovereign ratings would risk a drastic decline, Fitch ratings agency said in its report. “A deterioration in the relationship between the V4 and the EU could lead to negative pressures on the ratings in the medium to long term, depending primarily on its impac...

GUS: foreign trade on the rise in Q1

In the first quarter of 2017, Poland increased its exports by 8.9 percent, while imports grew by 12 percent y/y, according to the Central Statistical Office (GUS). Exports amounted to PLN 212.15 billion, while imports totaled PLN 210.57 billion. Trade surplus amounted to PLN 1.58 billion.

Fuel prices continue to fall

Average fuel prices decreased by PLN 0.06, while diesel prices fell by PLN 0.06 last week, according to BM Reflex, a fuel branch consultancy company, LPG prices declined by PLN 0.03.