Industrial output increased in February by 1.2 percent year-on-year and dropped by 0.9 percent in month-on-month terms, said statistics office GUS. Analysts surveyed by PAP expected industrial output to grow by 3.5 percent y/y and 1.1 percent m/m. Seasonally-adjusted industrial output increased by 4...
The average monthly salary in February in the enterprise sector, increased by 4 percent y/y to PLN 4,304.9. In month-to-month terms, wages grew by 0.6 percent, according to the Central Statistical Office (GUS). Compared to February 2016, the average salary increased by PLN 167.4.
The harmonized index of consumer prices for Poland stood at 1.9 percent year-on-year in January, according to data released by the EU’s statistics office Eurostat. In month-on-month terms, prices increased by 0.5 percent.
According to Deputy PM Mateusz Morawiecki, Polish GDP will grow by over 3 percent this year, while in 2019-2020 it will reach 3.9 percent.
The number of bankruptcies in February totaled 42, a decrease of 10.6 percent m/m and y/y, according to data from the Export Credit Insurance Corporation (KUKE).
Poland’s inflation rate stood at 2.2 percent in February year-on-year, the Central Statistical Office (GUS) said.
Poland’s Financial Market regulator KNF has approved the changes to the Warsaw Stock Exchange Management Board. It authorized recalling Małgorzata Zaleska, from her post as WSE President and approved Jacek Fotek appointment as the bourse Vice President.
According to data released by Poland’s Central Statistical Office (GUS), in year-on-year terms, exports and imports grew in January by 9.4 and 10.7 percent respectively.
According to the Monetary Policy Council (RPP) member Eugeniusz Gatnar, a rate hike might be needed in the second half of 2017 in order to stop accelerating inflation from discouraging domestic savings. “I believe that if real interest rates were to remain negative for a longer period of time, then ...
According to BOŚ Bank analysts, Poland’s GDP will grow by 3.5 percent in Q1 2017, while the consumption dynamic will remain above 4 percent y/y. In Q4, the growth stood at 2.7 percent.