Poles’ salaries are rising. The Central Statistical Office has released new data

The data presented by the Central Statistical Office refer to enterprises employing more than nine people. The Central Statistical Office (GUS) reported that in October 2021, the monthly gross salary increased by 1.3% compared to September.

On the other hand, the salary, compared to October 2020, increased by 8.4%.

Experts comment: a slight, negative surprise

Specialists from mBank also commented on the latest GUS data: “The data from the labor market made a slight, negative surprise. We were surprised by employment (in minus), while the market (median / average) overestimated wage growth (we did not). Employment +0.5 percent / y (+ 0.1% m / m), wages +8.4 percent y / y (+ 1.3% m / m) “.

“In the case of employment, the nuances of (forced) part-time work probably still play. The picture drawn by the number of employees is constantly better. The number of people insured with ZUS is constantly growing. experts:

In November, deterioration of current and future consumer sentiment

“In November there was a deterioration in both current and future consumer moods compared to the previous month,” the Central Statistical Office reported.

The current consumer confidence index (BWUK), synthetically describing the current trends in individual consumption, amounted to 23.3 and was 5.5 percentage points. lower than in the previous month.

Compared to November 2020, the current value of BWUK is higher by 5.9 percentage points.

The leading consumer confidence index (WWUK), synthetically describing the trends in individual consumption expected in the coming months, fell by 3.6 percentage points. compared to the previous month and amounted to -18.1.

In November, WWUK reached the value of 12 percentage points. higher than in the corresponding month of 2020.

We are glad that you are with us. Subscribe to the Onet newsletter to receive the most valuable content from us

About Eric Wilson

The variety offered by video games never ceases to amaze him. He loves OutRun's drifting as well as the contemplative walks of Dear Esther. Immersing himself in other worlds is an incomparable feeling for him: he understood it by playing for the first time in Shenmue.

Check Also

Budget surplus after October thanks to inflation. This is data without the billions flowing outside the budget

In the period of January-October 2021, the state budget revenues amounted to PLN 405.7 billion, …

Leave a Reply

Your email address will not be published. Required fields are marked *