Next year’s indexation of Polish old-age and disability pensions will cost the budget PLN 42 billion (EUR 8.77 billion), the family and social policy minister has said. Marlena Malag said that the pensions would be indexed on March 1, 2023. “It is an amount and percentage indexation with a budget of PLN 42 billion,” Malag…
Poland’s industrial output rose by 9.8% both YoY and MoM in September, the Central Statistical Office (GUS) reported on October 20. Economists polled by PAP expected September’s industrial production to grow by 8.8% both YoY and MoM. Manufacturing prices increased by 24.6% YoY in September and by 0.2% MoM, GUS reported. Economists surveyed by PAP…
Poland’s average corporate gross monthly wage rose by 14.5% YoY, to PLN 6,687.81 (EUR 1,396) in September, the Central Statistical Office (GUS) said on October 20. In monthly terms, the average wage went up by 1.6%. Economists polled by PAP expected a 13.1% annual increase in the corporate wage in September and no change from…
Warsaw Chopin Airport serviced 10.7 million passengers in the first nine months of the year, three quarters of what it handled before the Covid-19 pandemic. “Since the beginning of the year, Warsaw’s airport has serviced almost 10,700,000 passengers, which is 74.5% of the figure recorded during the same period in the pre-pandemic year 2019,” the…
The government may levy additional fees on investment funds that bulk-buy apartments, Mateusz Morawiecki, the Prime Minister, has said. The Prime Minister made the comment on October 18 after news website wyborcza.pl reported that Heimstaden Bostad, a Swedish residential real estate fund, had purchased all 400 flats in a new-build housing project in Warsaw. “Works…
Airbus Helicopters is planning to open a test centre in central Poland and to develop its own helicopter design, the company’s deputy CEO has announced. “There will soon be two Airbus Helicopters facilities in Poland. In addition to the design office in Lodz, a test centre for mechanical elements is being built in Strykow,” Tomasz…
Poland’s core inflation, which excludes the prices of food and energy, measured 10.7% YoY in September, up from 9.9% in August, the National Bank of Poland (NBP) said on October 17. Inflation excluding fixed prices amounted to 17.8% in September, up from 16.7% in the previous month. Inflation excluding the most volatile items measured 13.6%…