The synthetic economic outlook (SI) in June increased in m/m and y/y terms, the Central Statistical Office (GUS) reported. The most optimistic are companies from the financial market.
The Ministry of Finance sold PLN 4.16 billion worth of bonds on auction. The five series will mature in 2019, 2022 (two issues), 2027 (two series). Investor interest was at PLN 5.16 billion. The Ministry also bought back its bonds worth PLN 4.03 billion.
In June, the consumer confidence indicator (BWUK) grew by 1.7 percentage points compared with last month, according to a report by Central Statistical Office (GUS). Now it stands at the level of 4.8. This is the highest result in the indicator’s history. In year-on-year terms, this month resul...
The value of consumer credits increased by 1.1 percent or PLN 1.84 billion in May month-on-month and reached PLN 169.2 billion, the Poland’s Central Bank (NBP) announced.
The debt of the State Treasury of Poland grew in April by PLN 1.11 billion, to PLN 942 billion, the Ministry of Finance said. What’s more, since the beginning of the year, the statement read, debt has risen by 1.5 percent.
The industrial production in May increased by 9.1 percent y/y, while m/m it grew by 5.5 percent, according to Central Statistics Office GUS.
Retail sales increased in May by 8.4 percent year-on-year and declined by 0.2 percent m/m, according to GUS. Market consensus prepared by the Polish Press Agency (PAP), saw the sales increase by 9 percent y/y and remain unchanged m/m.
The Fitch rating agency raised its GDP estimate for Poland to 3.3 percent for 2017 (from the previous 3 percent). “Fitch expects Poland’s GDP in 2017 to accelerate to 3.3 percent from 2.7 percent in 2016 and will be driven by strong consumption growth and a rebound in the investment area,” the...
According to data released by the Polish Central Statistical Office (GUS), the average employment in May grew by 4.5 percent year-on-year, while the wages grew by 5.4 percent. In month-to-month terms, wages declined by 2.2 percent, while the employment remained unchanged.
Poland’s investment funds recorded net inflows of PLN 117 million in May, affected mostly by a large amount of payouts, a report by asset management lobby IZFiA showed.