Poland inflation economic crisis Economic growth Inflation Salaries Commentary Poland

Poland: Rising wages not keeping pace with inflation 

Although wages rose by 13.5 percent in May compared to May of last year, inflation in the same month rose 13.9 percent, effectively canceling out the pay increase, according Statistics Poland (GUS). The data underlines the difficult position many Poles find themselves in as inflation eats into their budgets. Despite the increase in wages, growth […]