Poland: interest-rate hike cycle not over

The Polish central bank’s interest-rate hike cycle is not over yet, the bank’s head, Adam Glapinski, has said. Glapinski told a press conference that the bank was waiting for January/February inflation figures before deciding about interest rates. In a recent hike cycle, the National Bank of Poland’s Monetary Policy Council raised interest rates 11 times…

Poland: unemployment up in December 2022

Poland’s unemployment rate stood at 5.2% in December 2022, up by 0.1% MoM, according to an estimate by the Labour Ministry. Economists polled by PAP also saw the jobless rate in December 2022 at 5.2%. The number of registered unemployed increased to 813,200 at end-December 2022 against 800,000 at end-November 2022, the Ministry of Family…