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Poles getting wealthier - report

12:04

Wealth ratio for Poland increased by 0.5 points in February to 99.4, the Bureau for Investments and Economic Cycles (BIEC) estimated. "The economic standing of a regular Pole has improved since last fall, and the improvement sped up over the last two months. The main reason is an increase in salaries (by 3.6 percent in 2014). Additionally, due to deflation the real pay increase was around 4.6 percent year-on-year. It increased the purchasing power of Polish households and its sense of economic security," the report indicated. Thus far, the highest wealth ratio was recorded in early 2008, at a level of 111.2 points. Bureau for Investments and Economic Cycles is a private institution specializing in macroeconomic analysis of the Polish economy.    

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