Aktualności
The results of enterprises in the first quarter
In the first quarter of 2019, the financial results of the surveyed enterprises were weaker than in the previous year. Basic economic and financial indicators have also deteriorated. Capital expenditures were higher by 21.7% than those recorded in the first quarter of 2018 (when the increase by 6.6% took place).
Revenues from total activity were higher by 6.7% than in the previous year, and the costs of obtaining them increased by 7.3%. The cost level indicator has deteriorated from 95.2% a year ago to 95.7%. Net revenues from sales of products, goods and materials increased by 7.1%, and the costs of this activity grew by 7.5% per annum.
Source: GUS
general economic situation index
The general GUS (SI) general economic situation index in April 2019 is at a level lower than that recorded in March 2019 and April 2018. Since January 2017, this ratio has been above the long-term average. The component for construction is at a level similar to the one recorded in March, concerning industrial processing, retail trade and services at the lower level.Compared to April 2018, component values for retail and services are lower, while for manufacturing and construction - similar. Indicators of diagnostic and prognostic assessments are lower than those reported a month ago and a year ago.
source: GUS
Social programs and inflation
Launched subsequent social programs have an impact on the level of prices and inflation. According to the NBP, the core inflation (excluding food and energy prices) in relation y / y in April 2019 amounted to 1.7%. against 1.4 percent in March; after excluding administered prices (subject to state control) inflation in year-on-year terms amounted to 2.3 percent, compared to 1.9 percent. a month earlier; after excluding the most variable prices, it amounted to 1.7%,
Understanding the market
