Deflation in Poland fell by the record 0.6% in October on annual basis
Deflation in Poland surprised and fell by the record 0.6% in October on annual basis. This is probably the deepest deflation in 58 years (although data before 1990 is not fully comparable), since the early reign of Gomułka. This is the biggest problem for the Polish MPC which said the... Read More →
Inflation in September 2014
In September prices for consumer goods and services recorded flat growth against the previous month, according to estimations of the Polish Statistical Office (GUS). Significant parameters were lower prices for fuel (1%), which offset higher prices (1.1%) in clothing and shoes, this was in line with the expectations of the... Read More →
Improving position of developers in GUS reports
Since the beginning of this year developers have been presenting an improving position within the reports from GUS Central Statistical Office in Poland. Even though the number of commissioned apartments has dropped by 3% in the first five months of the year, the number of instigated construction investments increased by... Read More →
Enterprises in specific sectors willing to create new jobs
Manpower, a HR agency has published percentages of enterprises in specific sectors willing to create new jobs in the near future. Those included: Industrial 17%, Transport, Logistics and Communication 15%, Retail and Wholesale Trade 11%, Agriculture, Forestry and Fisheries 4%, Finance, Insurance, Real Estate and Public Sector 3%. They also... Read More →
Poland has managed to maintain its position as a top investment location in the region of Central and Eastern Europe
According to the results of a survey taken by over 1,400 German entrepreneurs investing in 16 countries of Central and Eastern Europe, Poland holds first place in terms of investment attractiveness. Since last year, Poland has managed to maintain the leading position, pushing the Czech Republic to second place for... Read More →
Figures from Polish trade
In the two first months of 2014, Poland’s exports have increased, according to the Central Statistical Office GUS in Warsaw, by 3.5% to 25.3 billion EUR. Imports increased by only 1.8% and remained at almost the same level. The trade deficit decreased to only 31 million EUR. Poland’s exports to... Read More →
Funding opportunities for foreign investment within Poland: 2014-2020
Currently, in Poland implementation of the new multi-annual financial framework for 2014-2020 begins. Considerable resources are being provided to support many economic sectors. Apart from the EU structural funds, companies can also benefit from a government subsidy program that is mostly intended to promote R&D or environmental projects, as well... Read More →
Poland most attractive for foreign investors in CEE
Poland again outclassed all countries in Central and Eastern Europe in terms of investment attractiveness. Scoring 4.76 out of 6 points, Poland overtook the Czech Republic and Slovakia. This is the main outcome of 9th Economic Survey of Polish -German Chamber of Industry and Commerce (AHK Poland). EU membership is... Read More →
Poland to invest 23 billion PLN in energy
By 2025 Poland will have invested 23 billion PLN in energy. The news was announced by Janusz Piechociński, the Minister of Economy, who also expects to save 500 megawatts of energy. This is necessary in order to increase the energy safety for Poland, as well as building new supply blocks,... Read More →
Development of retail trade
In the period from January to February 2014, Polish retail trade registered the following sales development: mechanical vehicles – 11.8%, fuels – 6.9%, foodstuffs, drinks and tobacco – 0.3%, medicine and cosmetics – 1%, clothes and shoes – 5.4%, furniture, household goods and home electronic appliances – 6%, and press... Read More →
