Polish retail sales went down by 0.8% YoY in November 2023 after a 2.1% increase in October 2023, the EU’s statistics agency Eurostat reported on January 8. Month on month, retail sales went down by 0.1%, the agency also said. Eurostat annual growth figures are work-day adjusted, while the monthly growth figures are also seasonally…
The Wroclaw Airport, located in southwestern Poland, serviced close to 3.9 million passengers last year setting a new passenger service record, the airport’s president announced. Cezary Pacamaj said that exactly 3,891,553 passengers were serviced by the airport in 2023. “We have improved our previous record by nearly 350,000 and, in 2024, we want to break…
Poland saw a lower than expected flash CPI inflation reading in December 2023, at 6.1% YoY, which was a good starting point for the first quarter of 2024, economists commented, warning, however, about uncertainty. Poland’s CPI inflation in December 2023 was 6.1% against expectations of 6.5%, the Central Statistical Office (GUS) said in a flash…
Poland and the European Commission (EC) will discuss the first tranche from the EU’s pandemic relief funds under Poland’s National Recovery Plan (KPO) in January, with the inflow expected in spring, the funds and regional policy minister has announced. Poland is due to receive EUR 25.3 billion in grants and EUR 34.5 billion in loans…
Poland’s manufacturing sector purchasing managers’ index (PMI) dropped to 47.4 points in December 2023 from 48.6 points in November 2023 owing to a protracted deterioration in manufacturing business conditions, a report by S&P Global showed. “The latest batch of data from S&P Global’s 2023 Poland PMI survey point to a sustained deterioration in manufacturing business…
Legislative decisions are needed to prepare decisions on unblocking checkpoints on the Polish-Ukrainian border, Agriculture Minister Czeslaw Siekerski has said. According to him, he spoke with protesters at the border. “We are waiting for the European Commission’s agreement on corn subsidies. We want to preserve preferential loans. We also want local authorities to be able…
More than half of Polish companies are concerned about rising inflation in 2024, according to data from the Monthly Business Climate Index compiled by analysts of the Polish Economic Institute (PIE). Pessimistic energy price forecasts persist among businesses in Poland. According to data from the December 2023 edition of the Monthly Business Climate Index compiled…