According to data released by the Polish Central Statistical Office (GUS), the average employment in companies in February grew by 3.7 percent year-on-year, while the wages grew by 6.8 percent. In month-to-month terms, employment grew by 0.2 percent, while salaries increased by 0.2 percent as well.
According to data released by the EU’ statistics office, the nominal hourly labor costs in Poland in Q4 increased by 6.5 percent y/y. The Q3 growth stood at 4.8 percent.
Poland’s base inflation (excluding food and energy prices) amounted to 0.8 percent in February, compared with 1 percent the month before, according to data released by Poland’s Central Bank NBP.
Poland’s inflation rate stood at 1.4 percent in February year-on-year, the Central Statistical Office (GUS) said.
Seasonally adjusted industrial production in Poland increased by 6.3 percent year on year in January, according to data published by Eurostat.
According to data released by Poland’s Central Statistical Office (GUS), in year-on-year terms, exports in January contracted by 0.4 percent, while imports grew by 5.3 percent.
There were 117,816 vacancies in Poland at end-Q4, compared to 77,975 in the corresponding period in 2016, the Polish Central Statistical Office (GUS) reported.
Poland’s Central Bank’s (NBP) reserves stood at €94.96 billion at end-January and were some €571 million lower than last month, according to the NBP’s official reserve data. Reserves denominated in USD have decreased by $1.54 billion to $116.05 billion. The PLN-denominated reserves stood at PL...
To a surprise of no one, the Monetary Policy Council (RPP) has decided to keep interest rates unchanged.
The registered unemployment rate amounted to 6.8 percent in February, compared to 6.8 percent the previous month, and 1.6 percentage points lower y/y, based on estimates from job centers, the Ministry of Family, Labor and Social Policy announced.