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Industrial production has reached the bottom
Industrial production grew by 2.6 percent in January, as the Central Statistical Office (GUS) reported. Compared to the previous month, December (1.0 percent), this represents a higher growth rate. However, analysts point out that this accelerated growth was generated only by the energy-producing sectors and mining. By contrast, the manufacturing... Read More →
Despite a massive decline in demand – housing prices are on the rise
After years of boom in the residential real estate market, housing development companies sold only 40,900 new homes in the country’s seven largest cities last year, according to Poland’s largest real estate portal Otodom. This is the lowest annual figure since 2014 and represents a decline of 35 per cent... Read More →
Industrial production – growth declines in instalments
Industrial production increased by 4.6 per cent year-on-year in November. Compared to the previous month, growth was 2.9 per cent, according to the Central Statistical Office (GUS). Although the positive result was well above market forecasts, the majority of analysts do not see this as a reason for an optimistic... Read More →
Ukrainians set up over 10 000 companies in Poland
Ukrainian citizens founded 10,207 companies in Poland in the first three quarters of this year, reports the Polish Institute of Economics (PIE). There has been a dynamic upward trend since the beginning of the war in Ukraine. While only 188 companies were founded in January, as many as 2273 companies... Read More →
“Soft landing” of industrial production
Industrial production increased by 6.8 per cent year-on-year in October. However, it decreased by 0.7 per cent month-on-month, the Central Statistical Office (GUS) announced. Growth was registered in 25 of 34 industry groups. The automotive sector again took the top spot with 41.7 per cent. As in the previous month,... Read More →
Surprisingly high growth as a snapshot
Surprisingly positive and clearly above analysts’ expectations were the industrial production data in September. According to the Central Statistical Office (GUS), the value of sold industrial production was 9.8 per cent higher than in the same period last year. Compared to the current month, the growth rate was only slightly lower.... Read More →
Foreign trade turnover of goods in total and by countries in January-July 2021
In January-July 2021, exports in Poland increased by 26.0% and imports by 27.8% compared to the same period in 2020. According to the Polish CSO, “foreign trade goods turnover amounted to PLN 726.9 billion in exports and PLN 712.7 billion in imports in current prices. The positive balance was at... Read More →
getsix® | German-Polish Chamber of Commerce (AHK Poland) has published a German-language ‘Economic Profile Poland’
The German-Polish Chamber of Industry and Commerce (AHK Poland) has for the first time published a German-language ‘Economic Profile Poland’, which provides answers from A to Z. Over 36 pages it is very descriptive and provides the most important numbers, facts and background information regarding the Polish market. The ‘Economic... Read More →
“Poland your place to invest 2017”
The largest Polish cities were recently presenting at #MIPIM. The report ‘Poland your place to invest 2017’ was showing the investment attractiveness within Poland. Take a look at the report…
Exchange rate (EUR/PLN) from 6 June 2013
Exchange table of National Bank USD: 3,26 Zloty EUR: 4,27 Zloty CHF: 3,46 Zloty (Information from: 6 June 2013) Government securities / Rate of return 2-Year: 2,93 % 5-Year: 3,31 % 10-Year: 3,73 % (Information from: 6 June 2013) Interest on credits Business loans: 9,77 % Consumer loans: 12,72 %... Read More →
