Poland’s average corporate gross monthly wage rose by 13% YoY, to PLN 6,687.92 (EUR 1,418.78) in October, the Central Statistical Office (GUS) said on November 22. In monthly terms, the average wage remained unchanged. Economists polled by PAP expected a 14% annual increase in the corporate wage in October and a 0.7% increase from September.…
Lithuania, Latvia, Estonia and Poland are pushing other EU countries and the European Commission to agree on the Russian oil price cap and the EU’s ninth sanctions package against Moscow at the same time. The four countries have been arguing for tougher EU sanctions against Russian since the start of its war in Ukraine. According…
Poland’s national statistics office, GUS, wrote on November 22 that Poland’s industrial output rose by 6.8% YoY in October against an 8% annual growth expected in a PAP consensus survey. Compared to the previous month, it shows a decrease by 0.7%. Analysts surveyed by PAP expected a 0.2% monthly increase. Seasonally adjusted industrial output rose…
It is likely that Ukraine will be facing rolling blackouts throughout winter and until late March 2023, Serhiy Kovalenko, CEO at Yasno, a Ukrainian power provider, has said. “Today we again have various outages: we started with a stabilization schedule, but in the afternoon we received new restrictions from Ukrenergo and we are also shutting…