Poland’s average corporate gross monthly wage rose by 13.5% YoY, to PLN 6,399.59 (EUR 1,379) in May, the Central Statistical Office (GUS) said on June 21. In monthly terms, the average wage fell by 3.4%. Economists polled by PAP expected a 14.7% annual increase in the corporate wage in May and a 2.4% monthly decline.…
Poland’s industrial output rose by 15% YoY in May, the Central Statistical Office (GUS) reported on June 21. Month on month, industrial output increased by 1.4%. Economists polled by PAP expected May’s manufacturing to grow by 16.7% YoY and by 2.5% MoM. Seasonally adjusted industrial production went up by 11.9% YoY, but declined by 1.7%…
According to a report from employment and HR consultancy Personnel Service, Poland ranks third in Europe in terms of the number of people working in the automotive sector. According to Personnel Service, based on Eurostat data, over 12.7 million people in the European Union are employed directly or indirectly in that sector. Employment in the…
Lithuania is likely to receive another 70 million euros from the European Commission to deal with the migrant crisis, Interior Minister Agne Bilotaite has said. The EU’s executive body said in late 2021 that 200 million euros would be earmarked for beefing up border protection in Lithuania, Latvia and Poland over the coming years, but…
The sum of infrastructure damages has already reached $104 billion. At least 45 million square meters of housing, 656 hospitals, more than 1,200 educational institutions, nearly 25,000 kilometers of roads, 300 bridges and 12 airports have been destroyed or damaged as a result of Russian strikes. Prime Minister of Ukraine Denys Shmyhal said this via…
As many as 240,000 Ukrainians have found employment under a simplified procedure introduced to help them find work, the Polish family and social policy minister said on June 20. Under a special law, Ukrainian citizens who arrived in Poland after February 24, when Russia invaded their country, can take up employment without the need to…
The industrial producer price index rose by 33.7% YoY in May. Leading analyst at Statistics Estonia Germo Valgenberg said: “In manufacturing as a whole, prices increased by 24%, whereas in the manufacture of food products, prices rose by 21.2%.” Valgenberg explained that this May’s index was primarily affected by price increases in the production of…