OECD CLI falls again in February

The Composite Leading Indicator (CLI) for Poland fell by 0.88 percent y/y, and by 0.14 percent m/m points amounting to to 99.66 points in February, according to data from the Organization for Economic Co-operation and Development (OECD). The composite leading indicator (CLI) is designed to provide e...

Polish exports to US to grow by 10% – Morawiecki

Deputy PM Mateusz Morawiecki during his visit to the US said that he sees Polish exports to the US growing even by 10 percent this year. “I’ve talked with the Secretary of Trade Wilbur Ross regarding exporting Polish poultry, apples or plane engines and car parts,” Morawiecki said, explaining ...

Unemployment rate at 8.2% in March – Labor Ministry

The registered unemployment rate amounted to 8.2 percent in March, a decline of 0.3 percentage points month-on-month and 1.7 percentage points y/y, based on estimates from job centers, the Ministry of Family, Labor and Social Policy announced.

NBP with PLN 9.2 bln profit for 2016

Poland Central Bank (NBP) had a PLN 9.2 billion profit last year, up from PLN 8.28 billion in 2015. The record-high result stems mostly from foreign exchange adjustments and reserve funds management, NBP said in a statement.

KUKE: Exports continue to grow in February

Euro-denominated exports in January increased by 3.1 percent y/y to €14.9 billion, the Export Credit Insurance Corporation (KUKE). Compared to January, the value of exported goods and services dropped by 0.3 percent.

Eurostat: Retail sales up by 6.9% in February

The volume of seasonally adjusted retail trade in Poland grew by 6.9 percent year-on-year in January, according to a data release from the EU’s statistics office Eurostat. In month-on-month terms, it fell by 0.2 percent.