Poland’s industrial output rose by 7.6% YoY in July, the Central Statistical Office (GUS) reported. Month on month, industrial output decreased by 6.5%. Economists polled by PAP expected July’s industrial production to grow by 7.3% YoY and to fall by 6.6% MoM. Manufacturing prices increased by 24.9% YoY and by 0.9% MoM, GUS reported. Economists…
Poland’s average corporate gross monthly wage rose by 15.8% YoY, to PLN 6,554.87 (EUR 1,375) in July, the Central Statistical Office (GUS) said on August 19. In monthly terms, the average wage rose by 3.4%. Economists polled by PAP expected a 12.8% annual increase in the corporate wage in July and a 0.7% monthly growth.…
Nearly one out of every three button mushrooms exported globally comes from Poland, a study carried out by the Polish Economic Institute (PIE), a government think-tank, has found. According to the PIE study, in 2021, Poland had a 32% share in the global export of button mushrooms, making it the world leader in this category.…
Almost 40% of Poles regard the situation in Ukraine as a great threat to the Polish economy, the Central Statistical Office (GUS) has reported. In an August study, GUS found out that 39.8% of respondents to a poll said the threat to the economy was great, 37.3% thought it was average, while 18.5% indicated it…
An economic slowdown is to be expected in the second half of the year, the Polish Economic Institute (PIE), a government think-tank, said on August 17 citing the latest figures from the Central Statistical Office (GUS). Poland’s statistical office GUS reported the country’s GDP grew by 5.3% YoY in the second quarter against 8.5% in…
Poland’s Gross Domestic Product (GDP) increased by 5.3% YoY in the second quarter of 2022, the Central Statistical Office (GUS) said in a flash estimate on August 17. Economists polled by PAP expected GDP to rise by 6% YoY. Quarter on quarter, Poland’s GDP fell by 2.3%. In the first quarter of 2022, the country’s…
60% of Poles have reduced their shopping budgets, up by 20% YoY, a survey by the UCE research pollster and Grupa Blix revealed. Over 27% of this group declared budget cuts of up to 10-15%. Most frequently they save on clothing (46.9%), condiments and snacks (44.5%) and alcohol (40%). Over 26% said they had not…