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...

Eurozone Inflation Stays Near Target, ECB Rate Cuts Remain on Track

The CPI inflation in the Eurozone for June was 2.5% year-on-year, in line with market consensus. Core inflation remained at 2.9% year-on-year, slightly higher than the forecast of 2.8%....

Inflation in Poland Rises to 2.6% in June

Inflation in June, according to a preliminary reading by GUS, stood at 2.6%. This...

Local Governments Gain Access to EU Funds and Loans for Green Transformation Projects

The first group of young engineers from Poland has started a two-year internship at...

Inflation in Poland is slowly increasing. It will accelerate in July

According to a flash estimate by the Central Statistical Office (GUS), consumer goods and...

Polish local governments start spending KPO funds, fear time is too short

"The funds from the National Recovery Plan (KPO) and the new EU budget, which...

Retail Sales Show Mixed Results: Annual Growth Strong but Monthly Change Minimal

Retail sales at constant prices in May 2024 were 5% higher than a year ago. However, compared to April of this year, they fell...

Not Three but One Rate Cut Expected This Year in the USA

Inflation in the USA has caused more market volatility than the combined effects of the FOMC decision, forecast updates, and the post-meeting press conference....

Ukrainian Mobilization Law and the Polish Issue: Experts Reassure Stability of Our Labor Market

According to economists, the recently introduced mobilization law in Ukraine will not significantly impact the labor market in our country. Although some Ukrainians may...

What Will the European Elections Change in the Economy?

The upcoming European Parliament elections are the only elections in which we can directly choose our representatives in the institutions of the European Union....

ECB Decision: Rates Down, But Significant Cuts Awaited Until 2025

The European Central Bank (ECB) has lowered interest rates by 0.25 percentage points to 4.25 percent. This decision aligns with market expectations, which have...

Local governments are counting on governmental changes in the financing system. Ministerial solutions are also needed in the areas of education and healthcare

The Ministry of Finance plans to introduce changes in the funding of local governments. Local government revenues would be based on the local tax...

In Poland: Monetary Policy Council Expected to Keep Interest Rates Unchanged at 5.75% Today

Today, we will learn the latest decision of the Monetary Policy Council regarding interest rates. The market consensus suggests that, as in previous meetings,...

Polish Industry Shows No Signs of Improvement

In May of this year, the PMI for the manufacturing sector in Poland dropped to 45 points from 45.9 points recorded in April, according...

Consumption and Foreign Trade Drive GDP Growth in Poland

Gross domestic product (GDP) in Poland, unadjusted for seasonal variations, increased by 2% year-on-year in Q1 2024, compared to a decline of 0.4% in...

ECB Will Cut Rates, But What’s Next?

Next week, the ECB is likely to cut interest rates by 25 basis points, despite recent weaker inflation data and stronger negotiated wage growth....

Inflation Rose Slightly in May, Larger Increases Yet to Come

According to preliminary data published by the Central Statistical Office (GUS), inflation in May was 2.5% year-over-year. This is an increase of only 0.1...

May PMI Readings from Germany Confirm the Acceleration of the Service Sector

In Germany, the CPI inflation rate in May was 2.4% year-over-year compared to 2.2% in the previous month. This reading was in line with...

Experts Predict GDP Growth for Poland in 2024

Experts forecast an increase in Poland's GDP in 2024. A factor that will negatively impact GDP for most of the year is trade exchange....

AI Revolution: Poland Stands to Gain $90 Billion Annually

EY's analysis indicates that the rapid spread of artificial intelligence will lead to increased economic activity over the next three to five years. Capital...

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