Wage increase expected in 2016 for Poland

There is good news ahead for Poland in 2016 as wage growth is widely expected to increase as labour demands are also on the up. Experts from the central bank NBP have predicted a strong year when it comes to wage increases in addition to an improvement in inflation. Prospects are growing more each month in Poland and the demand for labour is at its highest point for quite some time.

The good news is also set to spread to GDP which has been marked at around 3.8% for the year ahead. After an original prediction of 3.6%, a strong February has meant that an even better year than first thought could be in line. An inflation forecast of 1% has remained the same by the ministry while the rate of unemployment is expected to decrease significantly by nearly 10%.