Eurostat: Retail sales up by 5.5% in January

The volume of seasonally adjusted retail trade in Poland grew by 5.5 percent year-on-year in January, according to a data release from the EU’s statistics office Eurostat. In month-on-month terms, it increased by 0.3 percent.

PMI drops again in February

The Purchasing Managers Index for Poland in February has decreased to 53.7 points, from 54.6 points in January. The market consensus was 54.2 points.

Unemployment in Poland at 4.5% in January – Eurostat

The seasonally adjusted unemployment rate in Poland stood at 4.5 percent in January, the same as the month before, the EU statistical office Eurostat said. This is a drop from January 2017, when it stood at 5.3 percent. The pan-European statistics agency, which uses roughly the same criteria as Pola...

FinMin: Budget surplus at PLN 8.6 bln at end-January

The Ministry of Finance has informed that Poland recorded a budget surplus of PLN 8.6 billion at end-January. During that period, PI revenues increased by 13.7 percent, while CIT revenues were up by 11.4 percent y/y. On the other hand, VAT revenues decreased by PLN 3.6 billion.

Pengab banking sentiment drops in February

The Pengab index, which measures conditions in the banking industry, decreased by 4.6 points month-to-month to 22.3 points in February, according to the Monitor Bankowy report issued by Kantar TNS. Last year, the indicator stood at 23.2 points.

GUS: Q4 GDP growth at 5.1%

Poland’s GDP grew by 5.1 percent y/y in the Q4 compared with a 4.9 percent increase in Q3, Central Statistics Office GUS said confirming the previous flash estimate.