Employment and wages grow in February – GUS

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.

Base inflation at 0.8% in February – NBP

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.

Vacancies drop in Q4 – GUS

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.

NBP reserves grow in February

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...

Unemployment at 6.8% in February – Labor ministry

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.