Poland’s average corporate gross wage increased by 0.1% MoM in September and by 10.3% YoY, to a gross PLN 7,379.88 (EUR 1,658), the Central Statistical Office said. Economists surveyed by PAP expected a 10.8% YoY corporate wage growth. Poland’s corporate employment measured nearly 6.5 million persons in September, flat year-on-year and 0.1% down month-on-month versus…
Warsaw Metro will hand over to Kharkiv three subway trains, which totals 18 cars, as humanitarian aid, the Kharkiv City Council reports on Facebook. “The Executive Committee of the City Council made a decision on organizational measures to cooperate with the Warsaw Metro,” the report reads. As reported by Oleksandr Miroshnychenko, acting chief of the…
Losses caused by extreme heat hitting Warsaw could double within 50 years, a report by the Polish Economic Institute (PIE) has claimed. The PIE report, entitled “The impact of climate change on the Polish economy on the example of selected provincial cities”, analysed the effects of a heat wave that hit Warsaw in 2015 and…
BNP Paribas, Poland’s sixth largest bank by assets, is planning group redundancies covering up to 900 employees, the bank has said in a statement. The redundancies will be carried out in 2024-2026. “The Board of Directors of BNP Paribas, in connection with the ongoing measures to improve operational and cost efficiency has decided to continue…
Poland’s core inflation, excluding food and energy prices, measured 8.4% YoY in September, down from 10% recorded in August, Poland’s Central Bank announced in a statement. On a monthly basis, Poland’s core inflation settled at negative 0.1%, down from the positive 0.3% recorded in August, the bank also said. According to the latest data from…
Two Polish economic zones were recognised among top 10 global economic zones in the 2023 ranking by the fDi Intelligence analytical centre from the Financial Times group. Katowice Special Economic Zone (KSSE) in southwestern Poland won the first place in Europe, for the seventh time, and was ranked fourth best in the world. Lodz Special…
The International Monetary Fund (IMF) has cut Poland’s GDP growth forecast for 2023 to 0.6% from the 1.2% estimated earlier, it has said in its latest edition of the World Economic Outlook. But it also revised up its forecast for 2024 to 2.3% from the 2.2% predicted in an earlier report. At the same time,…