Poland’s corporate sector wage growth ticked down to 12.1 percent year-on-year to PLN 7,430.65 in April 2023 from 12.6 percent in the previous month and matching market expectations. On a monthly basis, corporate wages dropped by 1 percent, weighed down by additional payments of annual bonuses and awards, jubilee awards, quarterly bonuses, overtime pays, and retirement severance pays. Meanwhile, the highest increase in wages and salaries in comparison to the prior month was seen in agriculture, forestry and fishing (32.8 percent to PLN 10,854.40) and mining and quarrying (28.7 percent to PLN 13,271.41). source: Central Statistical Office of Poland (GUS)
Wage Growth in Poland averaged 6.04 percent from 2006 until 2023, reaching an all time high of 15.80 percent in July of 2022 and a record low of 0.38 percent in January of 2013. This page provides - Poland Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Poland Corporative Sector Wage Growth - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.
Wage Growth in Poland is expected to be 4.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Poland Corporative Sector Wage Growth is projected to trend around 2.30 percent in 2024 and 2.60 percent in 2025, according to our econometric models.