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The Future Inflation Index (WPI)
The Future Inflation Index (WPI) prognoses decreased again in November. Data shows that prices of goods and services in the upcoming months will decrease by 0.2% compared to October.
NBP’s vision for the economic development of Poland
In November, experts from NBP’s (Narodowy Bank Polski) Economic Institute presented their vision for the economic development of Poland, projecting inflation and GDP. In general the report shows that inflation and GDP will be lower than the figures forecast in July.
Poland’s economic indicators
Poland’s economic indicators 2014 Unemployment rate (%) Inflation / Year (%) Industrial production (%) September 8.7 -0.2 1.9 August 8.8 -0.1 0.3 July 8.9 – 2.4 June 9.1 0.3 1.8 May 9.2 0.3 2.1 April 9.4 0.3 5.6 March 9.6 0.6 5.5 February 9.8 0.7 5.3 January 9.9 0.6 6.5...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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