Poland: inflation on path towards target

Inflation is Poland is continuing to fall and is on its way to hitting the central bank’s (NBP) inflation target, Adam Glapinski, the bank’s governor, has said. Glapinski was speaking a day after the Monetary Policy Council (MPC) left the reference interest rate unchanged at 5.75%. Inflation in Poland now stands at 6.5% having hit…

Poland: LOT ranks third among global air carriers

LOT Polish Airlines is the world’s third best airline in 2023, according to the AirHelp Score ranking. The airline trailed Qatar Airways and Eurowings in the rating, which was based on three factors: punctuality, passenger reviews, and fair treatment when problems arose. LOT outperformed Etihad Airways (4th), United Airlines (10th) and KLM (16th). Germany’s Lufthansa…

Ukraine: Uhryniv-Dolhobyczow border crossing point opens for empty trucks to Poland

Following agreements between the Ministry for Communities, Territories and Infrastructure Development of Ukraine, the Ministry of Infrastructure of Poland and the Lubelskie Voivodeship, the Uhryniv-Dolhobyczow border crossing point was opened for empty trucks. This is a joint checkpoint on the Polish side, which usually operated only for cars and buses. Starting from December 4, trucks…

Poland: economy up in Q3 2023

Poland’s Gross Domestic Product (GDP) increased by 0.5% YoY in the third quarter of 2023, the Central Statistical Office (GUS) reported on November 30. Compared to the previous quarter, the economy grew by 1.5%, GUS said. Poland’s economy contracted by 0.6% YoY in the second quarter. According to a GUS flash estimate, GDP was expected…