Poland’s unemployment rate stood at 6.8 percent at the end of February, the Central Statistical Office (GUS) informed, representing a 0.1 percentage points m/m growth.
The synthetic economic outlook (SI) in March decreased in m/m but increased in y/y terms, the Central Statistical Office (GUS) reported. The indicator decreased in the all sectors: services, retail, construction, manufacturing, and reached 110.8 points. The indicator has been above its long-term ave...
The value of consumer credits edged up by 0.5 percent or PLN 948 million in February month-on-month and reached PLN 176.2 billion, Poland’s Central Bank (NBP) announced.
The M3 money supply decreased in February by PLN 5.8 billion in nominal terms reaching PLN 1.3 trillion, according to data published by the NBP.
The Export Credit Insurance Corporation (KUKE) predicts that the growth rate of Polish exports will slow down to around 6-7 percent, KUKE’s CEO Janusz Władyczak said. Last year, according to the Central Statistics Office GUS data, exports increased by 10.2 percent to €203.7 billion.
Retail sales increased in February by 7.9 percent year-on-year and dropped by 2.9 percent m/m, according to GUS. Market consensus prepared by the Polish Press Agency (PAP), saw the sales increase by 7.7 percent y/y and contract by 2.9 percent m/m.
The consumer confidence indicator (BWUK) dropped by 0.8 percentage points to 5.4 in March, compared to the February reading, according to a report by Central Statistical Office (GUS). Compared to last year, the indicator is up by 7.4 percentage points
Polish enterprises earned net PLN 126.4 billion at end-Q4, up 13.8 percent y/y, while investment outlays grew by 3.4 percent to PLN 126.2 billion, data from Poland’s Central Statistical Office (GUS) showed. Net profit reached PLN 145.3 billion and was up by 8.1 percent compared with 2016, whil...
The debt of the State Treasury of Poland increased in February by PLN 17.3 billion m/m (23.5 billion y/y), to PLN 952 billion, the Ministry of Finance said. Since the beginning of the year, the treasury debt has increased by PLN 23.5 billion, the ministry said.
The industrial production in February increased by 7.4 percent y/y, and dropped by 2.2 percent m/m, according to Central Statistics Office GUS.