The average monthly salary reached 8,038.41 zloty (€1,858.68) per month before tax in the second quarter of 2024.
The average monthly salary reached 8,038.41 zloty (€1,858.68) per month before tax in the second quarter of 2024.
Inflation reached 4.2% in July – the highest level this year – accelerating from 2.6% in June.
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Analysts believe the figures mean inflation has peaked this year, but warn that it will rise again early next year.
“Polish institutions and companies can share their experience with Ukraine,” writes Pekao bank.
“Ouch,” said analysts at mBank, commenting on inflation figures that exceeded most forecasts.
On a quarterly basis, the Polish economy shrank in the second quarter by 2.3%.