Polish inflation at 1.1% in December: stats office

Inflation in Poland stood at 1.1 percent in year-on-year terms in December, the country’s Central Statistical Office (GUS) said on Tuesday. The reading was in line with a flash estimate released by the office earlier this month. In November, the prices of consumer goods and services in Poland were 1.3 percent higher

Polish airline offers flights to Bucharest, Dubrovnik

Polish state-owned airline LOT is launching connections from the southern city of Kraków to Bucharest and Dubrovnik. The first of the new flights to the Romanian capital will take off on April 1. Passengers will be offered flights on Mondays, Wednesdays and Fridays. A new seasonal connection to Dubrovnik in Croatia will be

New acting head for Polish Investment and Trade Agency

The deputy head of the Polish Investment and Trade Agency (PAIH) has been named its acting chief after its president resigned. Krzysztof Senger takes over after the agency’s head Tomasz Pisula quit on Wednesday. The agency aims to promote Polish goods and services and help investors enter the Polish market. The agency last

Poland leaves interest rates unchanged

The Polish central bank's Monetary Policy Council on Wednesday left interest rates intact. The reference rate remains at 1.5 percent. The last time the rate-setting Monetary Policy Council changed interest rates was in March 2015. At the time, after trimming rates by 50 basis points, the council said the move was “closing a

Campaign aims to boost off-peak tourism in Poland

Polish businesses and local government authorities are being encouraged to take part in a campaign aiming to boost off-peak tourism. The initiative, the sixth of its kind, is called "Poland See More - Weekend for Half Price". Visitors will be offered 50 percent discounts on a range of services on the weekend

Polish employers to raise wages in 2019: report

Three in four Polish employers plan to raise staff salaries in 2019, according to a report quoted by the Puls Biznesu daily. With Poland facing a labour shortage, 91 percent of Polish employers expect difficulties in recruiting new staff, and many companies will be forced to increase wages, the daily said. Citing

Polish inflation at 1.1 percent in December: flash estimate

Inflation in Poland stood at 1.1 percent in year-on-year terms in December, the country’s Central Statistical Office (GUS) said on Friday in a flash estimate. Economists had expected a reading of 1.2 percent, the PAP news agency reported, citing a consensus forecast. In November, the prices of consumer goods and services in

Poland’s PMI hits new low

Poland’s Purchasing Managers' Index (PMI) hit a new low of 47.6 points in December, down from 49.5 points in November, according to Markit, a provider of financial information services. Economist Monika Kurtek told public broadcaster Polish Radio’s IAR news agency on Wednesday that the December PMI reading was the weakest since

IT, construction specialists in highest demand: report

Engineers, construction and IT specialists will be among the most sought-after employees in the coming year, according to human resources agencies quoted in Monday’s issue of the Rzeczpospolita daily. 2019 will see computer science geeks like Java/Java Script programmers along with security professionals, and support teams top the employability ranking, much

Polish airline flies nearly 9 million passengers in 2018

Polish state-owned airline LOT says it flew nearly 9 million passengers this year, more than in any previous year and up from 6.8 million in 2017. The carrier handled 5.5 million passengers in 2016 and 4.3 million in 2015, according to previous reports. LOT is eyeing a new record of 10 million