PKN Orlen, Poland’s leading oil and gas company, has signed a 20-year contract with the American company Sempra Infrastructure for the delivery of 20 million tons of liquefied natural gas (LNG). Under the deal, Sempra Infrastructure will deliver 1 million tons of LNG every year for twenty years, Orlen CEO Daniel Obajtek said at a…
Poland’s unemployment rate went up to 5.2% in December 2022 from 5.1% in November 2022, the Central Statistical Office (GUS) reported on January 25. Economists polled by PAP expected a 5.2% unemployment figure in December 2022. The number of registered unemployed measured 812,300 in December 2022 against 800,200 in November 2022, GUS also said. Earlier,…
Speaker Igor Grosu had a meeting with Marshal of the Senate of the Republic of Poland Tomasz Grodzki, who was on an official visit to Chisinau, together with a group of Polish senators, the parliament’s communication and public relations department reported. The discussion focused on many issues, including the security situation in the region, the…
Poland’s industrial output rose by 1% YoY in December 2022, the Central Statistical Office (GUS) reported on January 23. Month on month, industrial output also decreased by 6.4%. Economists polled by PAP expected December 2022 industrial production to grow by 1.7% YoY and to drop by 5.4% MoM. Manufacturing prices increased by 20.4% YoY in…
Poland’s retail sales increased in real terms by 0.2% YoY and by 13.1% MoM in December 2022, the Central Statistical Office said on January 23. Economists polled by PAP expected December 2022 retail sales to grow in real terms by 1.4% YoY and by 15% MoM. In current prices, retail sales increased by 15.5% YoY…
The high level of education of women in Poland does not translate evenly into their salaries in relation to men, Polish Economic Institute (PIE) expert has said. Polish women, despite the fact that they are often better educated than Polish men and also women from other countries, “do not earn more,” Sebastian Sajnog said and…
Poland’s average corporate gross monthly wage rose by 10.3% YoY, to PLN 7,329.96 (EUR 1,554) in December 2022, the Central Statistical Office (GUS) reported. In monthly terms, the average wage went up by 6.9%. Economists polled by PAP expected a 12.4% annual increase in the corporate wage in December 2022 and a 8.9% rise from…