Polish economic growth will decelerate this year to 1%, slightly above market expectations, economists from ING have said. The bank’s experts issued a statement on March 1 in response to the publication of a new report from S&P Global with data on Poland’s manufacturing sector purchasing managers’ index (PMI). The report showed that the index…
Yaroslav Demchenkov, Deputy Minister of Energy of Ukraine, took part in the PowerPol-2023 conference held in Warsaw. Among the participants of the event were Anna Lukaszewska-Trzeciakowska, Undersecretary of State at the Ministry of Climate and Environment of Poland, Mateusz Berger, Secretary of State, Government Plenipotentiary for Strategic Energy Infrastructure, as well as representatives of other…
The Polish economy is showing signs of slowing after posting a 2% YoY GDP increase in the fourth quarter of 2022, a government think-tank said on February 28. Poland’s economy expanded by 3.6% YoY in the third quarter of 2022 and by 5.8% in the second quarter of 2022, according to the Central Statistical Office…
The number of regular Polish savers who have decided to put aside even more money has increased by 20%, as inflation has reached levels last seen in Poland the 1990s, a survey has found. Prices of consumer goods and services increased by 17.2% YoY in January, according to the Central Statistical Office. About 38% of…
Poland’s Gross Domestic Product (GDP) increased by 2% YoY in the fourth quarter of 2022, the Central Statistical Office (GUS) reported on February 28, adding that this was in line with its earlier flash estimate. Poland’s economy expanded by 3.6% YoY in the third quarter of 2022, after a 5.8% growth in the second quarter…
In 2023, Polish airports are likely to service around 91% of the total number of passengers recorded in 2019, the year before the outbreak of the coronavirus pandemic. “Polish airports are likely to service nearly 44.7 million passengers this year, or around 91% of the 2019 pre-pandemic figure,” Piotr Samson, the president of the Civil…
The Polish Armaments Group (PGZ) has signed a deal to co-manufacture Korean K2 tanks and K9 howitzers. The deal, an offset of the Polish Defence Ministry’s purchase of 672 K9 units and 1,000 K2 tanks from Korea, was sealed with their respective Korean manufacturers, Hanwha Aerospace and Hyundai Rotem Company. The tanks will be produced…