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The Warsaw Voice » Business » March 19, 2018
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In brief
March 19, 2018   
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TRADE BALANCE - Poland sported a PLN 8.4 billion current account surplus in January, or EUR 2.0 billion, after EUR 1.15 billion deficit in December, according to central bank NBP figures released on Friday.
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LABOR MARKET, WAGES - Poland saw its nominal hourly labor costs rise by 6.5% year on year in the 4th quarter of 2017 following a 4.8% year on yeargrowth in 3rd quarter of 2017, according to the EU stats office Eurostat.
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LABOR MARKET - Poland saw its job vacancy rate at 1.0% in the 4th quarter of 2017, down by 0.1 pps quarter on quarter, but up by 0.3 pps year on year, according to the Polish stats office GUS.
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RETAIL SALES - Retail sales at stores with space floor of up to 300 square meters rose by 4.5% year on year in February and was down by 5.1% month on month, retailers chamber PIH estimates show.
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LABOR MARKET, FISCAL POLICY - Poland could gain PLN 50 billion in GDP and PLN 20 billion in boost to public finance if it could get Poland's 4 million professionally inactive women onto the job market, Deloitte said in a report.
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