The value of consumer credits increased by 0.2 percent or PLN 302 million in February month-on-month and reached PLN 165 billion, the Poland’s Central Bank (NBP) announced.
According to Poland’s Central Statistical Office (GUS), non-financial enterprises in Poland had PLN 111.06 billion combined net financial results in 2016, up by 21.3 percent y/y. Investment spending was down by 13.2 percent to PLN 120.8 billion.
Barclays analytics have increased the 2017 forecasts for Poland’s GDP to 3.2 percent from the previous 3 percent.
Nominal hourly labor costs in Poland grew by 5.4 percent year-on-year in the fourth quarter of 2016, the EU’s statistics office Eurostat said in a data release. Wages grew by 5.4 percent and non-wage costs grew by 5 percent.
The State Treasury debt increased by 0.2 percent month-on-month in January and amounted to PLN 930.05 billion, Poland’s Ministry of Finance informed.
Industrial production prices increased in February by 4.4 percent y/y and remained unchanged in monthly terms, GUS stated. Economists polled by PAP saw the prices increase by 4.5 percent y/y and drop by 0.1 percent m/m. In January, industrial production prices grew by 4 percent y/y and 0.3 percent m...
Retail sales increased in February by 7.3 percent year-on-year and dropped 2.7 percent m/m, according to GUS. Market consensus prepared by PAP saw the sales increase by 8.7 percent y/y and fall 1.4 percent m/m. In January, retail sales recorded an 11.4 percent increase in annual terms. In real terms...
Industrial output increased in February by 1.2 percent year-on-year and dropped by 0.9 percent in month-on-month terms, said statistics office GUS. Analysts surveyed by PAP expected industrial output to grow by 3.5 percent y/y and 1.1 percent m/m. Seasonally-adjusted industrial output increased by 4...
The average monthly salary in February in the enterprise sector, increased by 4 percent y/y to PLN 4,304.9. In month-to-month terms, wages grew by 0.6 percent, according to the Central Statistical Office (GUS). Compared to February 2016, the average salary increased by PLN 167.4.
The harmonized index of consumer prices for Poland stood at 1.9 percent year-on-year in January, according to data released by the EU’s statistics office Eurostat. In month-on-month terms, prices increased by 0.5 percent.