The package of documents adopted by the government includes a proposal of average annual wage growth rates in the state budget and information on the forecast macroeconomic values for 2027.
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These are fundamental data that will now serve as a starting point for further work on the budget act and for negotiations with trade unions at the Social Dialogue Council.
We can expect such an increase in GDP and inflation in 2027.
The presented forecasts show that the government expects moderate but stable development of the country. According to government analysts, the real dynamics of gross domestic product is expected to amount to 3.1%. This means that the Polish economy will maintain a constant growth trend.
What is particularly important for citizens' wallets, the forecasts predict a clear calming down of the price situation on the market. The government assumes that the average annual dynamics of prices of consumer goods and services, i.e. the inflation rate, will amount to 2.5%. Such a result would be perfectly within the direct inflation target of the National Bank of Poland.
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What awaits the labor market and wages?
Government calculations also bring optimistic news regarding Poles' earnings. According to the adopted macroeconomic information:
- the nominal dynamics of the average gross salary in the national economy is expected to amount to 5.6%.
- the nominal dynamics of the average gross salary in the enterprise sector will remain at the same level and amount to 5.6%.
With inflation at the level of 2.5%. it means that the real purchasing power of salaries should increase noticeably.
The government also predicts a stable situation next year in terms of the condition of the labor market. The Ministry of Finance and Economy estimates that average employment in the national economy will reach approximately 11 million full-time jobs.
