According to Deputy PM Mateusz Morawiecki, Polish GDP will grow by over 3 percent this year, while in 2019-2020 it will reach 3.9 percent.
The number of bankruptcies in February totaled 42, a decrease of 10.6 percent m/m and y/y, according to data from the Export Credit Insurance Corporation (KUKE).
Poland’s inflation rate stood at 2.2 percent in February year-on-year, the Central Statistical Office (GUS) said.
Poland’s Financial Market regulator KNF has approved the changes to the Warsaw Stock Exchange Management Board. It authorized recalling Małgorzata Zaleska, from her post as WSE President and approved Jacek Fotek appointment as the bourse Vice President.
According to data released by Poland’s Central Statistical Office (GUS), in year-on-year terms, exports and imports grew in January by 9.4 and 10.7 percent respectively.
According to the Monetary Policy Council (RPP) member Eugeniusz Gatnar, a rate hike might be needed in the second half of 2017 in order to stop accelerating inflation from discouraging domestic savings. “I believe that if real interest rates were to remain negative for a longer period of time, then ...
According to BOŚ Bank analysts, Poland’s GDP will grow by 3.5 percent in Q1 2017, while the consumption dynamic will remain above 4 percent y/y. In Q4, the growth stood at 2.7 percent.
The Polish Financial Supervision Authority (KNF) published data regarding banks’ loans and deposits from January 2016 on a year-on-year basis.
Net assets under management (AuM) of Polish investment funds increased by 1.4 percent (PLN 3.8 billion) to PLN 265.5 billion, a report by researcher Analizy Online and asset management lobby IZFiA showed. In the same period, net inflows stood at PLN 1.5 billion.
WSE-listed chemicals producer PCC Rokita had a PLN 202.72 million consolidated net profit in 2016, up from PLN 84.75 million last year (139.2 percent y/y growth). Operating profit stood at PLN 234.3 million vs. PLN 102.86 million in 2015. Revenue from sales amounted to PLN 1.107 billion, slightly up...