Poland’s core inflation, excluding food and energy prices, measured 6.9% YoY in December 2023, down from 7.3% recorded in November 2023, Poland’s central bank (NBP) announced in a statement. On a monthly basis, the central bank also said that Poland’s core inflation edged up to 0.3%, up from the flat result 0.0% recorded in November…
Poland’s Consumer Price Index (CPI) stood at 6.2% YoY in December 2023 against the 6.1% predicted in a previous flash estimate, the Central Statistical Office (GUS) reported on January 15. The CPI inflation in November 2023 was 6.6%. Consumer prices in December 2023 increased by 6.2% (with an increase of prices of services by 8.2%…
A member of Poland’s interest-rate setting Monetary Policy Council (MPC) has said she expects neither cuts nor increases in the rates at the moment. Gabriela Maslowska was speaking to Radio Lublin on January 12. Last year, the MPC lowered rates twice, in September and October, bringing down the central bank’s reference rate to 5.75%. “I…
There were 1,900 trucks in queues on the border of Ukraine and Poland, and the directions of three checkpoints were being blocked, the spokesperson for the State Border Guard Service, Andriy Demchenko said on January 11. “The blocking of the Rava-Ruska-Hrebenne, Krakivets-Korczowa and Yahodyn-Dorohusk checkpoints continues. According to the Polish border guards, as of this…
Volodymyr Balin, Vice President of the Association of International Road Carriers (AsMAP), believes that Poland may cease to be the largest transit route for Ukrainian trucks to other EU countries. “We have to be prepared for the fact that Poland will no longer be the largest transit country for us to other countries of the…
Poland wants to submit four further applications to the European Commission this year for payments of EU funds under the National Recovery Plan (KPO) of up to EUR 23 billion, the funds and regional policy minister Katarzyna Pelczynska has written on X. “After the first payment request, we want to submit four more applications this…
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…