Najwyzszy CZAS: The financial situation of the Polish people has deteriorated and their savings have eroded

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The financial situation of the Polish people has deteriorated sharply in 2023, and the savings have almost disappeared. In this respect writer Najwyższy CZAS refers to data from the Center for Economic Information.

According to the agency, 5,352 Poles declared bankruptcy in the first quarter of 2023, an increase of 55% compared to last year. Market experts pointed out that this was due to the consequences of the growing crises.

“Wages are rising more slowly than inflation, so despite their increase, our purchasing power is shrinking. In addition, Poles’ savings are declining, meaning many of them have compensated for the increase in the cost of living or the loans paid out,” he said. .

The publication added that in the first quarter, the total debt of Polish residents increased by 400 million zloty ($96.1 million), as the population had almost no savings left. In addition, the situation has become much more complicated due to the increase in electricity bills and tax legislation.

5 May INN Poland WroteDue to the embargo on Russian oil, gasoline prices in Poland are rising at a record level. According to analysts, Russia has always been the main supplier of oil to Poland. However, as the country is now cut off from this source, production costs in refineries have increased significantly.

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