According to data released by Poland’s Central Statistical Office (GUS), the country’s GDP grew in Q4 by 2.7 percent y/y, in line with the flash estimate. In Q3, the GDP growth stood at 2.5 percent.
The Pengab index, which measures conditions in the banking industry, grew by 3.2 points month-to-month to 23.2 points in February, according to the “Monitor Bankowy” report issued by TNS Polska. This is the highest score in nine months. In February of last year, the indicator registered 12.1 points....
The leading indicator of economic sentiment (WWK) in Poland estimated by the Bureau for Investments and Economic Cycles (BIEC) in February grew by 1.2 points and stood at 166.7 points.
The Economic Sentiment Indicator (ESI) for Poland, calculated by the European Commission, fell to 102.4 points in February compared with 103.1 points points in January, the EC said.
According to the ratings agency S&P, Poland will issue bonds on the commercial market worth $34.96 billion, compared to $43.44 billion in 2016. This will amount to 20.4 percent of all long-term debt issued this year in the CEE region.
Poland’s unemployment rate in January stood at 8.6 percent, a 0.3 percent increase month-on-month, the Ministry of Labor, Family and Social Policy said. The number of registered unemployed grew to 1.397 million compared to 1.335 million in December.
According to Export Credit Insurance Corporation (KUKE), the value of Polish exports will grow by 8 percent this year. Although that figure will depend on the economic situation in the euro zone, which according to current growth forecast will continue to improve,” the report said, explaining that i...
The harmonized index of consumer prices for Poland stood at 1.4 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 0.3 percent.
President Andrzej Duda’s chancellery asked the financial market watchdog KNF to provide detailed calculations of its previous cost estimate of the presidential bill on returning currency spreads on FX mortgages. KNF estimated it at PLN 9.3 billion, while the chancellery calculated it at PLN 3....
The general trade indicators in February have increased to 4.6 (2.5 in January) in wholesale and to 7 (6.3 last month) in retail, data released by Polish Central Statistical Office (GUS) showed.