Locked content Poles behind in saving for a rainy day

BGŻ Optima bank has released a report on Poles’ saving habits. The average Pole’s saving account deposit amounts to PLN 14,300. Unfortunately, the savings are not very balanced with 10 percent of all Poles holding 50% of the savings. The increase in savings could also be higher, said Pio...

Locked content Public opinion pessimistic on economy trend

The Centre for Public Opinion Research (CBOS) published the latest figures for public opinion regarding the Polish economy. The research institution showed that 60 percent of Poles see the economy as going in the wrong direction. In a research survey that took place on the 3-9 July, a randomly selec...

Retail Sales grew by 3.8 percent

The Central Statistical Office (GUS) reported that retail sales in May rose by 3.8 percent year-on-year. On the other hand, retail sales fell by 2.7 percent month-on-month. Economists predict a stabilization of the retail sales dynamic in the coming months.

Unemployment continues downward trend

The latest data published by the Central Statistical Office (GUS) shows a decrease in unemployment. The unemployment rate at the end of May was 12.5 percent, compared with 13 percent in April, as presented in a GUS statement. This is the lowest unemployment rate in the last year and a half.

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Polish exporters are powering ahead and drove GDP growth in 2013. But which companies are the industry leaders and what are their perspectives for the future?

Inflation remains low in December

In December 2013 CPI inflation amounted to 0.7 percent year-on-year and 0.1 percent month-on-month, statistics office GUS said on Wednesday. Both figures were in line with the consensus of expectations from economists surveyed by the Polish Press Agency. The biggest reduction was observed in the com...