Earnings of Polish employees increased at a slower than expected pace in July, data released by the statistical office showed Friday.
Average gross monthly wages increased 2.4 percent year-on-year in July, notably slower than the 4 percent growth economists had forecast.
Compared to June, monthly gross wages decreased 1.5 percent during the month., while economists were looking for a 0.1 percent decline. In the January-July period, gross wages and salaries advanced 4 percent from the corresponding period a year earlier.
Meanwhile, the average paid employment in the Polish private sector remained unchanged in August from both the previous month as well as the corresponding period last year, data showed.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.