Wages soar as a result of rapid economic growth

Growing remuneration is the result of very rapid economic growth, as well as a declining rate of unemployment. According to the research of the National Bank of Poland, a shortage of labor is the most difficult problem hindering the development of domestic enterprises. "This data strengthens our expectations for increasing interest rates by 0.25 percentage points," said BPH economist Michał Chyczewski. Due to this situation, economists expect that the Monetary Policy Council (RPP) might increase the interest rates two or three times by the end of the year.