Gas group PGNiG has said that it has secured gas supplies for the entire 2022-2023 heating season and that it would utilise 100% of the Baltic Pipe’s capacity planned for this year. The war in Ukraine, the Polish boycott of Russian energy and intense international competition for carbon fuels has led to fears of an…
Poland’s unemployment rate went down to 4.8% in August from 4.9% in July, the Central Statistical Office (GUS) reported. The number of registered unemployed measured 806,900 in August against 810,200 in July, GUS also said. Earlier, the Family and Social Policy Ministry estimated August’s unemployment at 4.9%. (The First News/Business World Magazine)
Poland’s retail sales increased in real terms by 4.2% YoY and by 1% MoM in August, the Central Statistical Office said on September 21. Economists polled by PAP expected August’s retail sales to grow in real terms by 3% YoY and remain unchanged (at 1.2%) month on month. In current prices, retail sales increased by…
Poland’s industrial output rose by 10.9% YoY in August, the Central Statistical Office (GUS) reported on September 20. Month on month, industrial output increased by 0.7%. Economists polled by PAP expected August’s industrial production to grow by 9.8% YoY and to fall by 0.1% MoM. Manufacturing prices increased by 25.5% YoY and by 0.8% MoM,…
Poland’s average corporate gross monthly wage rose by 12.7% YoY, to PLN 6,583.03 (EUR 1,397) in August, the Central Statistical Office (GUS) said on September 20. In monthly terms, the average wage fell by 2.9%. Economists polled by PAP expected a 13.8% annual increase in the corporate wage in August and a 1.9% monthly decline.…
Vilnius and Warsaw have agreed for a passenger train connecting the two capitals to start running in December. According to the memorandum signed in Vilnius on September 16, a one-way trip will not exceed 8 hours. Once the Rail Baltic project linking the Baltic States with Poland is completed in 2026, a direct-high-speed train will…
Households that use electricity to heat their homes will also be included in a comprehensive government support scheme, the Ministry of Family and Social Policy has announced. The government has offered one-off subsidies, ranging from PLN 500 to 3,000 (EUR 106-636), to households heating their homes with coal, timber, wood pellets, liquefied natural gas and…