It is an increase of 0.09 percentage points compared to December and a drop of 0.47pp on January 2023.
Low economic activity among Poland’s main trading partners weigh on Polish industrial companies.
Poland's producer price index (PPI) declined 9% year on year in January (chart), following a revised fall of 6.9% y/y in December.
Unit labour costs have surged by 25% since 2020 – something not seen since the early 2000s, says Capital Economics
Consumer price indices (inflation) in Czechia increased by 2.3% year on year and by 1.5% month on month.
Female employment in science and engineering is well above 50% in multiple regions of Central and Southeast Europe, Eurostat figures show.
Economic growth above 1% for the whole year 2023.
GDP flat in Q4 and for the full year, adjusted GDP dropped 0.8%.
Polish GDP expanded 1.7% year on year in the fourth quarter, (chart) picking up versus a gain of 0.3% y/y in the preceding three months, seasonally adjusted data from the Central Statistical Office (GUS) showed in a flash estimate on February 14.
In 2023 as a whole, industrial production declined by 5.3%.
The key automobile industry registered a y/y growth of 4.9%, the highest since 2018.
Inflation in Hungary dropped from 5.5% to 3.8% in January.
Unemployment in Czechia climbed to 4% in January, which is an increase of 0.3 percentage points month on month and 0.1 points year on year.
In December, retail sales increased by 1.6% year-on-year and by 0.2% month-on-month.
Decline slowed to 1%, the best monthly figure for the year.
December figures released by the Czech Statistical Office (CZSO) were not overly optimistic either, with the output in industry decreasing by 0.7% year on year.
Inflation continues to decline, with winter sales contributing to the dip in January.
Purchasing managers' index remains in negative territory at 43, extending a run that began in June 2022.
Poland's Purchasing Managers' Index (PMI) declined 0.3 points to 47.1 in January (chart), the economic intelligence company S&P Global said on February 1.