Foreign trade deficit reaches €0.7 bln at end-April– GUS

In the first four months of 2018, Polish exports amounted to €70 billion, while imports amounted to €70.7 billion. The trade deficit reached €0.7 billion. In comparison to the corresponding period of 2017, exports increased by 5 percent and imports by 7.9 percent, data from Poland’s Central St...

Housing permits, construction up in Q1 – GUS

In Q1, the number of dwellings on which construction has started grew by 8.5 percent y/y to 47,978, according to data released by the Central Statistics Office (GUS). Moreover, the number of dwellings completed increased by 10.6 percent y/y to 44,797.

Vacancies grew in Q1 – GUS

There were 152.4k vacancies in Poland at end-Q1, which is 28.3 percent y/y growth, the Polish Central Statistical Office (GUS) reported.

Locked content Economic poverty fell to 4.3% in 2017 – GUS

In 2017 extreme poverty rate was down at 4.3 percent, a decrease of 0.6 percentage points compared to 2016, according to the results from Central Statistical Office (GUS) data. The situation improved in particular in rural areas. It is highly probable that the factors that contributed most to the im...

Locked content GUS: Polish mothers are better educated

Over half of Polish women (51.7 percent) who became mothers in 2017 had higher education compared to only 6.1 percent in 1990, Poland’s Central Statistical Office (GUS) reported. Only 6.1 percent of women who gave birth in 2017 had lower secondary, basic or incomplete education. The age of Pol...

Unemployment keeps dropping

Unemployment rate stood at 6.3 percent in April 2018, down by 0.3 pp from the March reading of 6.6 percent, statistics office GUS stated. The figure came in on par with earlier estimates of the Ministry of Labor and Social Policy. According to GUS data, there were 1.042 million unemployed registered...

Locked content Financial situation of households improved in 2017 – GUS

The financial situation of Polish households in 2017 improved, according to statistics office GUS. Real increase in the average monthly disposable income per capita in households in 2017 increased by 6.3 percent, to PLN 1,598 in comparison to 2016, when it amounted to PLN 1,475. According to GUS, th...

Locked content Retail sales grow by 4.6% in April – GUS

Retail sales increased in April by 4.6 percent year-on-year and dropped by 5.3 percent m/m, according to Central Statistics Office GUS. Market consensus prepared by the Polish Press Agency (PAP), saw the sales increase by 7.5 percent y/y and reduce by 2.4 percent m/m. In real terms, Polish retail sa...

Housing construction soars in April – GUS

In April, the number of dwellings in which construction has started soared y/y by 30 percent to 22,924, according to data released by the Central Statistics Office (GUS), in m/m terms it grew by 13.6 percent. Moreover, the number of dwellings completed increased by 16.7 percent y/y to 13,187.