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Poland avg gross wages, industrial production up in Dec

Manufacturing

Photo by kolbet / Shutterstock.com

Poland's average gross wages and salaries rose 11.2% year-on-year in December, and amounted to PLN 6,644.39 (EUR 1,466) data from the Central Statistical Office (GUS) showed on Friday.

On a monthly basis, average gross wages increased 10.3% in December. The Warsaw-based agency also said that corporate employment grew 0.5% annually to 6.362 million people in December. On a month-on-month basis, average paid employment remained unchanged in December.

Considering 2021 full year, employment rose by 0.3%. A separate report from GUS showed that Poland's industrial production grew 16.7% annually in December. Economists had expected a growth of 13%. Manufacturing output rose 13.9% yearly in December and while mining and quarrying output declined 0.9%.

Electricity, gas, steam, and air conditioning supply output and water supply gained by 54.2% and 9.6%, respectively. On a monthly basis, industrial output fell 2.9% in December. For the January to December period, output rose 14.9%.

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