Locked content GUS revises GDP growth for 2017

The economic growth in Poland (seasonally unadjusted) amounted to 4.8 percent in 2017, the Central Statistical Office (GUS) reported. Earlier GUS estimated 2017 economic growth at 4.6 percent. GUS also revised the growth for 2016 to 3.1 percent from 3 percent, while the growth for 2015 remained unch...

Locked content New industrial orders increased by 9.9 percent y/y in August

New industrial orders in August 2018 increased y/y by 9.9 percent, after an increase of 11.5 percent in the previous month, the National Statistics Office (GUS) reported. In monthly terms, orders in August increased by 3 percent compared to a decrease of 15.5 percent the month before. New orders in ...

Locked content Unemployment rate in August at 5.8 percent

The unemployment rate in August 2018 amounted to 5.8 percent compared to 5.9 percent in July, the Central Statistical Office (GUS) informed. Earlier, the Ministry of Family Labor and Social Policy also reported that, according to the Ministry’s estimates, the unemployment rate in August was 5....

Locked content Retail sales up 9% in August – GUS

In August retail sales grew by 9.0 percent on the annual basis and by 0.9 percent on the monthly basis, according to Polish Central Statistical Office (GUS). Market consensus prepared by the Polish Press Agency (PAP) saw the sales increase of 8.5 percent y/y and of 1.2 percent m/m. In real terms, Po...

Basic agricultural product prices up 2% y/y in Aug.

Last month prices for basic agricultural products, i.e. wheat, rye, beef, pork, poultry, and milk grew by 2.9 percent compared to July and by 2 percent y/y, Polish Central Statistical Office (GUS) reported. In August the purchase prices of most agricultural products rose on the monthly basis, with t...

Locked content Industrial production grew in 28 industries in August

In August industrial production grew in 28 out of 34 industries, Polish Central Statistical Office (GUS) reported. Production rose, among others, for transport equipment (by 30.5 percent), machinery and equipment (by 17.7 percent), electrical equipment (by 16.6 percent), and metals (by 8.4 percent)....

Employment and wages grow in August – GUS

According to data released by the Polish Central Statistical Office (GUS), the average employment in companies in August grew by 3.4 percent year-on-year, while the wages grew by 6.8 percent y/y. In month-to-month terms, employment remained unchanged, while salaries decreased by 0.6 percent. The ave...

Housing permits up in August – GUS

In August, the number of dwellings on which construction has started increased by 12.2 percent y/y to 21,929, according to data released by the Central Statistics Office (GUS), in m/m terms it grew by 16 percent. Moreover, the number of dwellings completed increased by 15.2 percent y/y to 16,593.

HICP inflation in Poland at 1.4% y/y in August 

Harmonized Index of Consumer Prices (HICP) inflation in Poland amounted to 1.4 percent y/y in August 2018 against 1.4 percent y/y inflation a month earlier, the EU statistical office Eurostat has provided. On a monthly basis, the index fell by 0.2 percent.

Locked content CPI inflation in September seen at 1.9% y/y – MPiT

Consumer price index (CPI) inflation in September is expected at 1.9 percent y/y and 0.2 percent m/m, the analysts of Ministry of Enterprise and Technology estimated in a comment to the Polish Central Statistical Office (GUS) data. On Thursday GUS reported that consumer inflation in August amounted ...