Warsaw Govt moves to offset income drop
NZPA-Reuter Warsaw Poland’s national income fell almost 13 per cent last year and living standards dropped sharply, according to official statistics broadcast on Warsaw radio. They were put out yesterday after Polish newspapers had given wide coverage to drastic new price rises, from about 200 to almost 400 per cent that will apply from Monday. The radio said the cost of living in Poland rose 25 per
cent last year. The country’s deepening economic crisis was “exacerbated by shorter working hours, by growing incomes coupled with falling production, and by social tensions and strikes’. Many of the difficulties were due to a drop in coal production.” Industrial output fell about 19 per cent while agricultural output, boosted by good cereal and root crop harvests, rose 3 per cent. To cushion the impact of
the steep rises the Government has approved pay rises of up to $2O a month. The biggest increases are for miners and others working in difficult conditions.
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Press, 30 January 1982, Page 6
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167Warsaw Govt moves to offset income drop Press, 30 January 1982, Page 6
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