The government will not fight inflation by raising unemployment, Mateusz Morawiecki, the Polish prime minister, said in an October 21 interview for the Dziennik Gazeta Prawna (DGP) daily newspaper. Morawiecki thus responded to DGP’s query whether the government should not tighten its fiscal policy to back the Polish central bank, the Monetary Policy Council of…
Launched in May, the Lithuanian-Polish gas pipeline GIPL has been tested at its maximum capacity. Two tests were carried out to make sure the pipeline could transmit the full gas flow in accordance with the technical parameters of the GIPL construction without any disturbances. According to the assessment of the Lithuanian and Polish TSOs operating…
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…