Job vacancies up by 8.1% q/q in Q2

The number of job vacancies in the second quarter increased by 8.1 percent on the last quarter and 35 percent y/y, according to Central Statistics Office (GUS) data.

Locked content Strong alcochol consumption grew in 2017

Consumption of vodkas, liqueurs and other spirits grew in Poland to 3.3 liters per person, while in 2015 it was 2.5 liters, Polish Central Statistical Office (GUS) reported. Consumption of wine and mead in the same period fell to 6.1 liters per person from 8.6 liters. In 2017 an average Pole drank 9...

Locked content GDP growth seen at about 5% in 2018

In Q2 GDP growth stood at 5.1 percent y/y, in line with estimates published in August, Polish Central Statistical Office (GUS) reported. Domestic consumption remains the main driver of the Polish economy, while investment recovery is still limited, analysts said. Most analysts expect a slight slowdo...

Locked content Unemployment in July down 10.2% y/y – GUS

The number of newly registered unemployed in July fell by 10.2 percent to about 137,800 y/y, according to the Central Statistical Office (GUS). At the same time, this number grew by 14.1 percent in comparison to June. The number of job offers submitted in July was about 130,400, down by 4.8 percent ...

Locked content Enterprises financial result down 6.7% in H1 – GUS

Non-financial enterprises in Poland had PLN 62.4 billion combined net financial result in H1, a decrease of 6.7 percent versus a year ago, Poland’s Central Statistical Office (GUS) reported. Net profit amounted to PLN 76.4 billion down 2.3 percent y/y. Net loss widened by 23.8 percent and stood at P...

Prices of agricultural products up by 1.5% in July

Purchase prices of basic agricultural products, i.e. wheat, rye, beef, pork, poultry and milk increase by 1.5 percent in July 2018, compared to June. But in comparison with the corresponding period of the previous year, they fell by 3.3 percent, the national statistics office (GUS) said on Tuesday.

Locked content Salaries up 7.2% in July – GUS

The average gross salary in July amounted to PLN 4,825, 7.2 percent more versus a year ago,  Polish Central Statistical Office (GUS) reported. Employment grew by 3.5 percent y/y. The wage growth in July was below Bank Pekao analysts’ forecast of 7.6 percent and declined compared to 7.5 percent...

Locked content GDP growth may reach 5% in 2018 – analysts

In Q2 GDP unadjusted seasonally (at constant average prices of the previous year)  grew by 5.1 percent quarter-on-quarter,  the Central Statistical Office (GUS) reported. Seasonally adjusted GDP (in constant prices referred at 2010) increased by 0.9 percent compared to Q1 and was 5 percent higher y/...

Locked content In 25 years Polish population will shrink by 2.8 mln

During about 25 years the population in Poland will decline by about 2.8 million, Polish Central Statistical Office GUS reported. In comparison, during the last 25 years, the population grew by 360,000. The reasons for the expected decline are mortality and the end of the demographic boom. The numbe...