Wages rise in Q3 – GUS

According to data released by the Polish Central Statistical Office (GUS), the average wage in Q3 grew by 4.9 percent year-on-year, and stood at PLN 4,255. In q/q terms, the average salary increased by 0.8 percent.

GUS: Foreign trade surplus reaches PLN 8.24 bln at end-Q3

After the third quarter of 2017, the foreign trade surplus reached PLN 8.24 billion compared to PLN 13.5 billion surplus last year, according to the Central Statistical Office (GUS). At end-Q3, exports amounted to PLN 640.54 billion, while imports totaled PLN 632.62 billion.

MF sells PLN 8.1 billion bond swaps

The Ministry of Finance sold PLN 8.07 billion worth of bond swaps on auction on Thursday, in return it acquired PLN 7.77 billion worth of bonds maturing next year.

Economic climate soars in Q4 – IRG SGH

The economic climate index calculated by the Research Institute for Economic Development of the Warsaw School of Economics (IRG SGH) increased by 3.1 points quarter-to-quarter and amounts 3 points in Q4 2017. In year-to-year terms, the index has gone up by 11.8 points.

Unemployment drops to 6.6% in October – Labor ministry

The registered unemployment rate amounted to 6.6 percent in October, down by 0.2 percent in month-on-month terms, and 1.6 percentage points lower y/y, based on estimates from job centers, the Ministry of Family, Labor and Social Policy announced.

Eurostat: Retail sales up by 6.5% in September

The volume of seasonally adjusted retail trade in Poland grew by 6.5 percent year-on-year in September, according to a data release from the EU’s statistics office Eurostat. In month-on-month terms, it increased by 0.8 percent.