The Purchasing Managers Index for Poland in June has inched up to 53.1 points, from 52.7 points in May. The market consensus was 53.7 points.
Poland’s inflation rate stood at 1.5 percent in June year-on-year, the Central Statistical Office (GUS) said in a flash estimate.
According to the Ministry of Finance, in Q3, only one or two tenders will be organized, and the ministry plans to sell PLN 3-10 billion worth of bonds during them. They should take place in September. The government is also planning a similar number of swap bonds auctions.
The Economic Sentiment Indicator (ESI) for Poland, calculated by the European Commission, grew to 104 points in June, up by 1.1 points m/m.
According to the Minister of Family, Labour and Social Policy Elżbieta Rafalska, the unemployment rate at the end of this year may reach 6.8-6.9 percent. “”We said it would be at 7.5 percent, but GUS figures show that unemployment is currently at 7.4 percent. That’s why we think that at the en...
The Pengab index, which measures conditions in the banking industry, fell by 2 points month-to-month to 22 points in June, according to the Monitor Bankowy report issued by TNS Polska.
Poland’s unemployment rate stood at 7.4 percent at the end of May the Central Statistical Office (GUS) informed, representing a 0.3 percent m/m and 1.7 y/y drop.
All indications are that the general government deficit will be “much” lower this year than the 2.9 percent of GDP assumed in the budget, Deputy Finance Minister Piotr Nowak said.
The foreign direct investment (FDI) balance in Poland amounted to some €12.9 billion in 2016, the Ministry of Finance reported. According to the Poland’s Central Bank (NBP), in 2015 the net FDI inflows amounted to €12.14 billion.
According to the economists asked by the Polish Press Agency (PAP), this year’s budget deficit could be lower by PLN 20 billion that the PLN 59.3 billion figure assumed in the budget bill. At end-May, the deficit amounted to PLN 0.2 billion.