Poland: majority of firms employ Ukrainians

The vast majority of Polish firms now employ Ukrainians, according to a new research. The survey carried out by the Gremi Personal analytical centre found that 80% of firms now had Ukrainians on their books, while in one-third of the firms Ukrainians now accounted for 10-20% of staff. Ukrainians occupy both highly qualified and low-qualified…

Poland: trade up in Q1 2023

Poland booked a EUR 2.9-billion trade surplus in January-March, the Polish Economic Institute (PIE) said on May 18 citing data from the Central Statistical Office (GUS). PIE wrote that the surplus was partly due to a nearly 16% rise in export prices and an only 11% rise in import prices. The institute noted that export…

Poland: GDP seen to grow in 2023

Poland’s GDP growth should average 0.6% in 2023, the Polish Economic Institute (PIE), a government-affiliated economic think-tank, reported on May 17. In a commentary to GDP growth data provided by the Central Statistical Office (GUS), PIE wrote that the growth rate was expected to pick up in the second half of the year, mainly owing…

Poland: C/A surplus up in March 2023

Poland’s current account surplus rose to EUR 1.64 billion at the end of March, against a surplus of EUR 1.41 billion recorded at the end of February, according to central bank figures released on May 15. Market analysts surveyed by PAP offered median forecast for a EUR 2.13-billion surplus. Poland recorded a EUR 608-million surplus…