Tag: GUS

Polish Retail Sales Down 19.5% in Jan, Online Up 11% (GUS)

According to the latest data from the Central Statistical Office (GUS), retail sales in January 2024 decreased by 19.5% compared to December 2023. At...

Reverse Mortgage Loans in Poland: The Potential Market Exceeds 2 Million Homes Valued at Approximately 900 Billion PLN

10 years ago, the reverse mortgage law was enacted. What did it give to seniors and the industry? Nothing. This year marks the 10th...

January Data Signals Moderate Optimism for Polish Housing Market

January statistics from Poland's Central Statistical Office (GUS) for housing construction usually indicate a slight or significant weakening of investment activity. However, as experts...

Polish Public Holds Politicians and Influencers in Low Regard, Prize Medical Professionals

Jobs related to politics do not enjoy popularity in Poland – according to the latest No Fluff Jobs report "Ranking of Occupations 2024. How...

Shopping Centers in Poland in 2023: Turnover Up 9.2%, Visitors Up 4.6%

Throughout 2023, tenants' turnover in shopping centers was 9.2% higher than in 2022. In the last two months of 2023 (November and December), turnovers...

Picture of the Real Estate Market in 2024. Forecasts, Macroeconomic Factors and Challenges

The real estate market undergoes dynamic changes, while at the same time displaying a certain cyclicity. Numerous economic, social and legislative factors significantly influence...

Polish entrepreneurs approach the government’s economic announcements with optimism

"I have the impression that for now, the new government is more concerned with regaining the state rather than supporting entrepreneurship. However, we are...

Micro-entrepreneurs Boost Borrowing Despite Investment Lag

Micro-entrepreneurs in 2023 were more likely to use bank loans. According to the Credit Information Bureau (BIK) data, the sale of loans to this...

Prospects for the Polish Furniture Industry in 2024

2023 was a year marked by a decline in profits and workforce reductions in the Polish furniture industry. Despite maintaining a strong position in...

Year 2023: GUS Data Confirms Predictions of Near-Zero GDP Growth in Poland

The long-term trend of Poland's real GDP per capita growth during the transformation period between 1992 and 2021 was 3.5 percent. This period saw...

In the world of two economic speeds, Poland stands aside and grows

Currently, consumers are much more willing to spend money on entertainment than on durable goods. That's why service-oriented economies like the United States are...

Polish Entrepreneurs’ Concerns About Inflation Fade

The negative impact of inflation on business activity in Poland is gradually weakening from quarter to quarter, though a sizable group of those "feared"...

Polish TSL sector to see a slight reduction in employment in Q1 2024

In the first quarter of 2024, the Polish TSL sector is forecast to see a slight reduction in employment, though no company is planning...

Housing Construction in Poland: A Slowdown and a Question Mark for the Future

The January report by the Central Statistical Office of Poland (GUS) traditionally presents the results of housing construction, focusing on complete investment data from...
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