Poland may become the strongest link of global supply chains that have been disrupted by the coronavirus pandemic and war in Ukraine, Mateusz Morawiecki, the Polish prime minister, has said. Supply problems resulting from Covid-19 lockdowns and the war in Ukraine have been stifling the reviving global growth as economies are facing shortages of components,…
Poland’s prime minister said that at the World Economic Forum in Davos, Switzerland, he held meetings with the CEOs of major tech companies, thanks to which the latest technology and new investments would come to Poland. “Such big investments for the future were confirmed by me,” Morawiecki said. Mateusz Morawiecki said during a visit to…
Mateusz Morawiecki, the Polish prime minister, in Davos, praised the rate of Poland’s economic development and said that the country was aiming to speed it up. “Poland is a developed economy and we still have an appetite for further growth. And we are ready to accelerate the pace even more,” he told a discussion panel…
Poland recorded a PLN 9.2-billion (EUR 2-billion) state budget surplus after the first four months of 2022, the finance minister indicated. This compares to a PLN 0.3-billion (EUR 65-million) deficit in Q1, Magdalena Rzeczkowska wrote in a comment on May 24. “In April, state budget revenues rose by 4.3% YoY or by around PLN 2…
Poland’s retail sales increased in real terms by 19% YoY, but fell by 0.1% MoM in April 2022, the Central Statistical Office (GUS) said on May 23. But in a commentary on the GUS data, the bank said that such a high figure was likely “unsustainable” because in May 2021 customers rushed to shops and…
Poland’s retail sales increased in real terms by 19% YoY, but fell by 0.1% MoM in April, the Central Statistical Office said on May 23. Economists polled by PAP expected April’s retail sales to grow in real terms by 17.8% YoY and drop by 0.5% MoM. In current prices, retail sales increased by 33.4% YoY…
Poland’s industrial output rose by 13% YoY in April, the Central Statistical Office (GUS) reported. Month on month, industrial output fell by 11.3%. Economists polled by PAP expected April’s manufacturing to grow by 15.5% YoY and to decrease by 11.1% MoM. Seasonally adjusted industrial production went up by 15.6% YoY, but declined by 0.4% MoM…