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In 2017 Polish companies exported goods with a value exceeding EUR 203 bn, and this year the results may be equally favourable. The economic situation of our major recipients in the EU is improving, and consumer and producer sentiments are on the rise. Machinery parts and food are our export hits, but, as experts point out, Polish exports are diversified and do not rely on a specific group of products, while domestic companies often find their market niches. In the years to come, even if the growth rate in exports decelerates, the share of Polish producers in the global market will still increase because of the relatively low prices.

According to the latest National Bank of Poland inflation report, this year prices in Poland will grow at an average rate of 2.1 percent. This is less than expected in November, when inflation was predicted at 2.3 percent. At 3.3 percent, food prices are expected to increase the most. However, the projected GDP growth has been revised upwards.

The earnings of women working in the same positions as men are lower, they are less willing to start their own companies and less often perform managerial roles. This is a global problem faced by the largest world economies. In Poland, despite the fact that managerial positions are in 40% occupied by women, their earnings are much lower than those of men. Together with the spreading popularity and significance of start-ups, it is easier for women to enter the labour market and find their way to sectors which previously were considered to be typically male. This is facilitated by the numerous competitions organised for women’s start-ups and a growing number of women performing the roles of business angels.

In March inflation was only 1.3 percent in annual terms and it was the slowest increase since December 2016 – the first month to have recorded an increase after 2.5 years of deflation. Such low figures are so surprising that they might even be incorrect, claimed Piotr Kuczyński, CAO at Xelion. But there is no risk of going back to deflation. The continuing slight increases in prices are delaying increases in interest rates.