Polish wage growth likely slowed down in November, employment growth to have decelerated

Poland’s wage growth data for the November is set to release tomorrow. According to an Erste Group Research report, the wage growth is likely to have slowed down to 6.5 percent year-on-year. Market consensus are for the wage growth to come in at 7.2 percent.

Through the second half of 2018, wage growth has sustained solid growth, but stabilization has been observed. Employment is likely to have risen in the month.

“Employment is expected to increase by 3.0 percent y/y in November and mark a marginal slowdown compared to 3.2 percent y/y growth in the previous month”, added Erste Group Research.