Locked content Foreign debt down in Q1

Poland’s total foreign debt stood at PLN 275.5 billion in the first quarter of 2014, according to data published by the National Bank of Poland. In Q4 2013 the amount was PLN 276.76 billion. Long-term debt stood at PLN 222.69 billion compared to PLN 221.96 billion in the previous quarter. Short-term...

Locked content NBP sees improvement on labor market

The total number of employed persons in Poland has significantly increased in the first quarter of 2014, according to an analysis performed by the National Bank of Poland. The growth stood at 1.8 percent year-on-year and 0.7 percent quarter-on-quarter. The number of people employed on standard work ...

Retail Sales grew by 3.8 percent

The Central Statistical Office (GUS) reported that retail sales in May rose by 3.8 percent year-on-year. On the other hand, retail sales fell by 2.7 percent month-on-month. Economists predict a stabilization of the retail sales dynamic in the coming months.

Unemployment continues downward trend

The latest data published by the Central Statistical Office (GUS) shows a decrease in unemployment. The unemployment rate at the end of May was 12.5 percent, compared with 13 percent in April, as presented in a GUS statement. This is the lowest unemployment rate in the last year and a half.

Locked content GUS reports, industrial sales up in Q1

The Central Statistics Office reported that industrial turnover increased by 2.7 percent in Q1. This is a marked improvement compared to last year when industrial turnover fell by 4.3 percent in the first quarter. Export turnover for Q1 2014 also rose by 5.3 percent, while declining in Q1 2013 by 0....