Seasonally adjusted industrial production in Poland increased by 4.1 percent year on year in April, according to data published by Eurostat.
The employment rate in Q1 in Poland increased by 0.7 percent q/q. In Q4, last year, the growth stood at 0.2 percent. In the last 12 months, the employment in Poland grew by 1.8 percent.
According to the rating’s agency Moody’s, the recommendations presented by the macroprudential body KSF regarding the FX-denominated mortgages are credit positive for the Polish banking sector.
The Composite Leading Indicator (CLI) for Poland remained unchanged in April and stood at 99.89 points. In y/y terms it dropped by 0.38 points.
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’...
The Ministry of Finance sold PLN 3 billion worth of bonds on auction. The six series will mature in 2019, 2022 (two issues), 2027 (two series) and 2047. Investor interest was at PLN 6.17 billion.
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.
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...
In a surprise of no one, the Monetary Policy Council (RPP) has decided to keep interest rates unchanged.
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.