Poland’s estimated unemployment rate in April stood at 5.3%, against 5.4% in March, the family and social policy minister said on May 9. Close to 879,900 unemployed people were registered at labour offices at the end of April, down from 902,100 at the end of the previous month, Marlena Malag also said. The final end-April…
The National Bank of Poland (NBP) has over EUR 140 billion in foreign currency reserves, nearly twice as much as 10 years ago, the bank’s president has written in a weekly magazine. Writing in the “Wszystko co najwazniejsze” (“Everything that’s most important”) opinion magazine, published by the New Media Institute Foundation, Adam Glapinski argued that…
The inflow of foreign direct investment (FDI) into Poland in 2021 hit a record high of $24.8 billion, up by 82% from pre-pandemic 2019. According to the state-owned think tank, Polish Economic Institute (PIE), Poland was 14th in the world and the third in the EU, behind Germany and Sweden, in terms of the value…
Around 102,000 Ukrainian citizens have found employment in Poland since February 24, when Russia invaded their country, the daily Rzeczpospolita wrote on May 5 citing the Labour Ministry’s data. Under the Polish government’s special law passed in early March, Ukrainian citizens can take up work in Poland without the need to obtain a special permit.…
Poland’s seasonally adjusted unemployment rate remained unchanged at 3% in March from the previous month, Eurostat, the EU’s statistical office, reported on May 4. According to Eurostat, in March, the unemployment rate in the eurozone countries, according to seasonally adjusted data, stood at 6.8%. According to Poland’s Central Statistical Office (GUS), Poland’s unemployment rate fell…
Polish retail sales grew by 14.5% YoY in March after a 14.2% increase in February, Eurostat, the EU’s statistics agency, reported on May 4. Month on month, retail sales went up by 0.7%, the agency also said. Eurostat annual growth figures are work-day adjusted, while the monthly growth figures are also seasonally adjusted. Eurostat data…
Passenger traffic at Polish airports increased by 35% last year against 2020, but was still down by 60% compared to 2019, due to the recurring waves of the Covid-19 pandemic, the Civil Aviation Authority (ULC) said. “Due to the pandemic, new restrictions on air travel continued or were imposed, which made it difficult to rebuild…