Deloitte: Poland enters the phase of economic expansion

The divergence of economic moods in Poland...

Two Years On: War in Ukraine and Its Global Impact

On February 24, 2022, a full-scale Russian...

U.S. Unemployment Claims Dampen Investor Sentiment

"Second-tier" data such as U.S. unemployment claims played the "lead violin" yesterday, partly due to this week's relatively sparse macroeconomic calendar. The unexpected data triggered a strong reaction with...

Interest rates in Poland remain unchanged

Interest rates in Poland have remained unchanged, which is another consecutive decision since October...

NBP Holds Rates Steady at 5.75%, Further Cuts in 2024 Unlikely

The NBP's reference rate remained unchanged at 5.75%. This decision aligns with market consensus,...

Rising Core Inflation and Wage Growth Drive Concerns Over Consumer Price Inflation

The high dynamics of core inflation, mainly driven by domestic factors such as wage...

Revised Polish National Recovery Plan Nears Completion, Negotiations for Extension Underway

Due to nearly a three-year delay in implementing the National Recovery Plan, the coalition...

The Monetary Policy Council in Poland Unlikely to Find Reasons for Rate Cuts Soon

Today, we will learn about another decision by the Monetary Policy Council regarding interest rates. Market consensus assumes that the rates will remain unchanged...

Inflation Trends in Poland: RPP’s Response and Global Economic Outlook

April's inflation reading in Poland showed the first increase in the main measure since February 2023, largely attributed to the return of the 5%...

Poland’s Remarkable Economic Growth: A 20-Year Journey in the EU

In as many as 8 major sectors of the economy, Poland has positioned itself in the EU's TOP3 in terms of growth since 2004. Between...

April CPI Inflation in Poland at 2.4% Year-on-Year, Aligns with Market Expectations

The CPI inflation rate in April was 2.4% year-on-year. This reading is in line with market consensus. At the same time, inflation began to...

Poland Needs Investment Boost: Challenges Remain Despite Growth

Poland has become an economy characterized by difficult-to-access and expensive labor and is also not very innovative. To sustain the high economic growth we've...

20 Years of Poland in the EU: Economic Transformation and Growth

It has been 20 years since Poland's accession to the European Union. This milestone invites a period of reflection to evaluate how the economy...

March 2024 Polish Labor Market: Layoffs Up, Job Openings Steady, Unemployment Down

At the end of March, 159 companies declared group layoffs affecting 17,000 employees, as reported on Wednesday by the Central Statistical Office. This marks...

Average Salaries in Poland Reach New Record Despite Employment Decline

The average monthly salary in enterprises in March this year increased nominally by 12% compared to the same period last year, amounting to 8,408.79...

20 Years in the EU: Polish Jobs Boom Thanks to Single Market, Exports Drive Growth

This year marks the 20th anniversary of Poland's accession to the European Union. One of the benefits of membership has been the opening of...

Two Speeds in Europe: Services Surge, Industry Sputters

Services in Europe are performing well, in contrast to the industry sector, according to preliminary PMI indicators published yesterday. The same data for the...

Eurozone Manufacturing Slips Further, Services Shine: Split Economy Raises Questions for ECB

The April PMI for the manufacturing sector in the eurozone was 45.6, down from 46.1 the previous month. The reading was worse than forecasts,...

Record-High Salaries in Poland

The average salary in the enterprise sector in March 2024 increased by 12% year-on-year. The rise in average salaries was significantly influenced by an...

Polish Inflation Falls to Lowest Since 2019, Zloty Faces External Pressures

According to final data, Polish CPI inflation slowed in March to 2% year-on-year from 2.8% year-on-year in February. There was a slight upward...

An Overview of Poland’s Foreign Trade Performance in Early 2024

In January-February 2024, Poland's foreign trade turnover reached 247.8 billion PLN in exports and 237.6 billion PLN in imports at current prices. The trade...

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