By clicking 'Sign in and Subscribe' you agree to us subscribing you to our newsletter in accordance with our Privacy Policy and Legal Notice.Emails, which may be sent daily or less frequently, may include marketing elements. We will not share your email address with any third parties. About The World Bank predicts a gradual return to growth for Poland, estimating growth recovering to 2.2% in 2021 and 2.9% in 2022. On Wednesday, the country of 38 million registered a record of over 10,000 new confirmed infections, bringing the total to almost 203,000. Stay informed. Registered unemployment rate in Poland still at 6.1%. An existing account was found for this email address. Get a sample report showing our regional, country and commodities data and analysis. 2  In this article, we review Poland's economy … Karol Kamas starts job as new Marketing and Development Director... Poles changing purchasing behavior in a pandemic. Hungary and Poland, which have for years been under investigation for allegedly disrespecting European values, vetoed the $2 trillion stimulus agreement. Tuesday turns out to be second day of strong declines of CD... Polish companies enter foreign markets, including Israel, despite... New website of B&B Hotels has been launched, Polish woman on Gen Z list of entrepreneurs to watch, Echo invests in green energy at Fuzja in Łódź. | Poland Economy | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed, Economic Growth (GDP, annual variation in %), Industrial Production (annual variation in %), Inflation Rate (CPI, annual variation in %, eop), Inflation Rate (HICP, annual variation in %), Poland: Inflation drops to three-month low in November, Poland: GDP slides at slower rate in the third quarter, Poland: Business confidence records worst reading in six months in November, Poland: Retail sales drop at sharpest rate since May in October, Poland: Industrial output growth eases in October. please read our, Polish Government’s Attacks on Rule of Law Violate Not Only EU Norms but International Law, Polish Briefing: Poland with the third largest wind energy production in Europe, Polish stamp chosen as most beautiful in Europe, Polish wages catching up with EU, but process will take years - report, Polish salaries catching up with EU average faster, Summary of MFA economic diplomacy activities, Polish energy concerns plan takeover of CEZ Group assets in Poland, 30 years of competition protection in Poland. Manufacturing-sector business confidence came in at minus 20.5 in November, down from October's minus 9.7 and marking the worst result since May. By clicking 'Create Account and Subscribe' you agree to us creating an account for you and subscribing you to our newsletter in accordance with our Privacy Policy and Legal Notice.Emails, which may be sent daily or less frequently, may include marketing elements. Poland Economic News. A 2019 report by the Warsaw School of Economics (SGH) argued that if Poland maintained the economic growth rate it had from 1990 to 2018, it would catch up with Germany in 21 years. We will not share your email address with any third parties. A government collectivization campaign begun in 1949 was abandoned in 1956. 40% of Poles have felt deterioration of financial situation... Poles have to work over week for Christmas expenses. Norwegian startup from photovoltaic industry starts operating... Ministry announces entry into force of retail sales tax on... Parts for electric vehicles will be manufactured at GLP Wrocław... Cavatina starts its first investment in Łódź, PKN Orlen takes over Polska Press company, Fitch lowers Poland's GDP growth forecast for 2021, raises for 2022, Middle Corridor Struggles to Find Its Way Across Eurasia, PKN Orlen takes over Polska Press publishing house, Polish state energy giant buys hundreds of local media outlets from German owner, Dropshipping? We are sorry, but the email address you entered does not appear to be valid. Use at least 8 characters, an uppercase and a lowercase letter, and a number or symbol. Over the last three decades Poland has become the most successful economy in Europe. The decision is to be taken Thursday, he told Polsat News TV. A second reading showed that GDP slid at a more moderate pace of 1.5% year-on-year in the third quarter (previously reported: -1.6% yoy), contrasting the 8.4% contraction logged in the second quarter. Google+, Facebook Sign up for a FREE NewsNow account and get our email alert of the day's top stories from the UK and around the world. A high level of uncertainty due to the prolonged health crisis and potential further restrictions cloud the outlook, however. Poland saves 5 mln jobs, has second lowest unemployment in EU - PM The First News 08:47 Fri, 04 Dec. Poland to continue modernisation of mining sector - PM The First News 06:27 Fri, 04 Dec. Poland’s Sunday trading ban lifted ahead of Christmas due to pandemic Notes from Poland … © Copyright 1997 - 2020 NewsNow Publishing Limited. Poland: PMI unchanged in October. | Orlen buys local media. The ministry is in no rush to amend the state budget strained by the economic slump caused by the coronavirus pandemic, as “public finances are healthy”, Koscinski told a news … Ministry of Foreign Affairs Republic of Poland (Press Release), By clicking "OK" or continuing to use this site, you agree that we may collect and use your personal data and set Please try different keywords. The capital, Warsaw, and other major cities are already designated “red zones,” as are some 150 of Poland’s 400 counties. Twitter After contracting notably this year on the hit from coronavirus containment measures, the economy is projected to rebound in 2021. Please check you have typed it correctly. It pays off, Polish bank joins European Payments Initiative, Poland and Israel sign deal on cooperation in cybersecurity, Fate of iconic paintings from legendary 1950s café unknown after coronavirus forces closure, Polish turbines set record for wind energy generated - daily, Ozdoba: Smaller towns can generate heat from waste (INTERVIEW), Polish Briefing: Orlen will release PLN 1 bln bonds to finance the green strategy, Poland increasingly important in Moroccan economy, politics, Polish PM says extra summit may be needed to unblock EU budget, 88% of women's businesses are micro-companies, OECD CLI for Poland up by 0.28 points to 99.56 points in XI, 75 percent of companies looks favorably on remote work, Government supports cinematographic industry. Meanwhile, the country’s fiscal deficit declined to 0.4 percent in … The economy is expected to contract 4.6% this year but the government said last month that economic data suggests the drop will be closer to 3.5%. 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