Locked content Retail sales grew 8.6% y/y – GUS

Retail sales increased by 8.6 percent y/y in September and fell by 0.3 percent m/m, GUS stated. Analysts polled by PAP saw retail sales increase by 7.6 percent y/y and drop by 1.1 percent m/m.  In basic prices, retail sales increased by 7.5 percent y/y….

Locked content Salaries up 6% y/y in September – GUS

Average remuneration increased by 6 percent year-on-year in September to reach PLN 4,473.06 before tax, according to statistic office GUS data. Market consensus saw the increase at 6.1 percent. In month-on-month terms it fell by 0.4 percent. Employment increased by 4.5 percent y/y (market consensus ...

Food exports to grow by 8% this year – IERiGŻ

According to the experts from the Institute of Agricultural and Food Economics (IERiGŻ), food exports will grow by 8 percent this year and reach €26.3 billion. In the same period, imports will grow by 5.9 percent to €18.3 billion, meaning that the trade surplus will reach €8 billion, compared to €7 ...

IMF raises its GDP growth forecast for Poland

The International Monetary Fund has increased its forecast for Poland’s GDP growth by 0.4 percentage points to 3.8 percent for 2017. Next year the growth will slow down to 3.3 percent (from 3.2 percent previously forecasted).