Polish wages rise 12.6% y/y in March, above forecast

(Reuters) – Polish corporate sector wages rose by an annual 12.6% in March to an average of 7,508 zlotys ($1,784.31) per month, above analysts’ expectations of 12.4%, statistics office data showed.

In monthly terms, wages rose 6.3%.

Corporate employment rose by 0.5% year-on-year to 6.517 million people in March. Analysts had expected a year-on-year rise of 0.7%.

In monthly terms, corporate employment fell by 0.1%.

($1 = 4.2078 zlotys)