GUS: Trade turnover at PLN 3.23 bln at end-April

In the first four months of 2017, Polish exports amounted to PLN 278.84 billion, while imports amounted to PLN 275.6 billion. Trade turnover reached PLN 3.23 billion. In comparison to the corresponding period of 2016, exports increased by 6.2 percent and imports by 9 percent, data from Poland’...

OFEs transfer PLN 1 bln to ZUS in Q1

Private pension funds OFEs transferred PLN 1 billion to the social insurance board ZUS under the pre-retirement asset shift in Q1. In the same period, OFEs received PLN 836.5 million in transfers from ZUS.

OECD raises GDP forecasts for Poland

The Organization for Economic Cooperation and Development (OECD) has raised its 2017 GDP forecast for Poland to 3.6 percent from 3.2 percent previously forecast in November last year. For next year, the organization maintained its 3.1 percent growth projection. “We forecast GDP growth to exceed 3 pe...

Unemployment rate at 7.5% in April – Labor Ministry

The registered unemployment rate amounted to 7.5 percent in April, a decline of 0.2 percentage points month-on-month and 1.6 percentage points y/y, based on estimates from job centers, the Ministry of Family, Labor and Social Policy announced.