Poland: retail sales up in April 2022

Polish retail sales grew by 21.1% YoY in April after a 19.4% increase in March, Eurostat, the EU’s statistics agency, reported. Month on month, retail sales went down by 3.3%, the agency also said. Eurostat annual growth figures are work-day adjusted, while the monthly growth figures are also seasonally adjusted. Eurostat data also include small…

Poland: most Poles cannot afford a holiday

As many as 59% of the Polish public cannot afford to go on holiday this year, a new survey has shown. The June 3 edition of the Super Express daily, which commissioned the research, highlighted the effects of inflation on Poles’ vacation plans. “Inflation stood at almost 14% in May and according to economists, the…

Poland: manufacturing PMI down in May 2022

Poland’s Purchasing Managers’ Index (PMI) fell to 48.5 points in May from 52.0 points in April, economic researcher S&P Global reported on June 1. Economists polled by PAP predicted the PMI would reach 52.0 points in May. According to S&P Global, the reasons for the decline included the war in Ukraine and inflationary pressures. The…