GUS: economic outlook on the rise

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.

GUS: Consumer sentiment at the highest-recorded levels

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...

Treasury debt inches up in April

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.

Retail sales grows 8.4% in May

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.

Fitch upgrades Poland’s GDP forecasts

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...

Employment and wages growth continues in May – GUS

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.