Poland: unemployment up in December 2022

Poland’s unemployment rate stood at 5.2% in December 2022, up by 0.1% MoM, according to an estimate by the Labour Ministry. Economists polled by PAP also saw the jobless rate in December 2022 at 5.2%. The number of registered unemployed increased to 813,200 at end-December 2022 against 800,000 at end-November 2022, the Ministry of Family…

Poland: paused hikes to drive inflation down

Poland’s rate-setting body has argued that the 11 interest hikes it has carried out so far should be enough to bring down the consumer price index (CPI) amid weakening global sentiment and inflation falling across major countries. The Monetary Policy Council (RPP) left rates unchanged for the fourth time running on January 4 following 11…

Poland: CPI up in December 2022

Prices of consumer goods and services (Consumer Price Index, CPI) increased by 16.6% YoY and by 0.2% MoM in December 2022, the Central Statistical Office (GUS) reported on January 5. Economists polled by PAP Business estimated that December 2022 CPI would reach 17.3% YoY and 0.8% MoM. In November 2022, the prices of consumer goods…