GUS: economic outlook on the rise in March

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...

KUKE: exports growth to slow down to 6-7% in 2018

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 grow by 7.9% in February – GUS

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.

GUS: Consumer sentiment drops in March

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

GUS: Non-financial with PLN 126 bln net profit in 2017

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...

Treasury debt reaches PLN 952 bln

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.