Retail sales increased in December by 6 percent year-on-year and by 16.6 percent m/m, according to GUS. Market consensus prepared by the Polish Press Agency (PAP), saw the sales increase by 7.9 percent y/y and 19 percent m/m.
The industrial production in December increased by 2.7 percent y/y, while m/m it contracted by 10.2 percent, according to Central Statistics Office GUS.
In January, the consumer confidence indicator (BWUK) increased by 4.1 percentage points compared with last month, according to a report by Central Statistical Office (GUS). Now it stands at the level of 6.2. Compared to last year, the indicator is up by 7.4 percentage points
The welfare indicator, which reflects the economic standing of the Polish society, has increased in January by 0.6 points compared to the December reading, the Bureau for Investment and Economic Cycles (BIEC) stated. “The growth was mainly due to the remarkably high dynamics of average wages in the ...
The harmonized index of consumer prices for Poland stood at 1.7 percent year-on-year in December, after a 2 percent growth in November, according to data released by the EU’s statistics office Eurostat. In month-on-month terms, prices increased by 0.2 percent.
According to data released by the Polish Central Statistical Office (GUS), the average employment in companies in December grew by 4.6 percent year-on-year, while the wages grew by 7.3 percent. In month-to-month terms, employment inched up by 0.2 percent, while salaries increased by 7.9 percent.
Poland’s base inflation (excluding food and energy prices) amounted to 0.9 percent in December y/y. In m/m terms it remained unchanged, according to data released by Poland’s Central Bank NBP.
The Composite Leading Indicator (CLI) for Poland decreased by 0.02 percentage points m/m in November to 99.34 points. In y/y terms, the indicator decreased by 0.96 pps, according to OECD data.
The Ministry of Finance sold PLN 6.86 billion retail bonds last year, which is the best result in a decade, the office informed. The most popular were papers maturing in two years (PLN 2.95 billion), followed 4-year bonds (PLN 2.45 billion). Overall, the ministry offered papers maturing between thre...
Poland’s inflation rate stood at 2.1 percent in December in year-on-year terms, the Central Statistical Office (GUS) said revising its initial flash estimate which stood at 2 percent y/y growth.