Alicja Ptak
Once one of Europe’s poorest states, Poland is now on track to match Spain and Italy.
economy
Poland’s InPost buys British delivery firm Yodel to become third biggest player in UK parcel market
InPost has expanded its operations rapidly in the UK and “has no plans to slow down”, says CEO Rafał Brzoska.
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Poland one of only two EU countries with positive consumer confidence
Poland has also seen the bloc’s largest rise in consumer confidence over the last year.
Poland’s real wage growth fastest in 16 years
The salary growth was boosted by the record increase in minimum wage.
Inflation in Poland below 4% for first time in almost three years
Inflation has slowed rapidly from its peak of 18.4% in February last year.
Poland’s economic growth slowed sharply to 0.2% in 2023
It was Poland’s lowest GDP growth since the early 1990s, apart from the pandemic-induced drop in 2020.
Media “lie 24 hours a day” about inflation, says Polish central bank governor
Adam Glapiński suggests that, because elections are being held this month, they are trying to hide the “great success” in tackling inflation.
Inflation falls below 10% in Poland for first time since Russia’s invasion of Ukraine
Inflation slowed in September to 8.2% year-on-year, below analysts’ expectations of 8.5%.
Poles’ savings exceed 2 trillion zloty for first time
Poles’ savings grew 7.4% year on year, although their real value is being eaten up by inflation.
EU advises Poland to cut spending and improve targeting of social benefits
It also urges Poland to fulfil milestones agreed to unlock billions in post-pandemic recovery funds.
Rising cost of living has pushed 17% of Poles to take on additional employment, finds study
Most Poles (70%) say their financial situation has deteriorated over the last year, compared to 50% who said the same a year ago.
Poland recorded EU’s biggest GDP fall in fourth quarter of 2022
Poland’s seasonally adjusted GDP in Q4 of 2022 fell by 2.4% from the previous quarter, compared to a drop of 0.1% for the EU as a whole.
Inflation unexpectedly slows to 17.4% in Poland, first fall since February
Analysts believe the figures mean inflation has peaked this year, but warn that it will rise again early next year.
Integration of Ukrainians can boost Poland’s GDP up to 3.5%, finds Deloitte report
But Poland must support the learning of Polish, ensure access to the housing market, and help refugees find work matching their skills and qualifications.
