Dollar on the offensive again

Data from Poland did not impress, but no one expected miracles in the construction market after the expiration of government support. Noteworthy is the dollar, which once again decided...

PMI indicates weakening of the economy and euro

The condition of the European economy is not good. This is confirmed by the...

BCC: Consumer Sentiment Continues to Decline

In November 2024, the Consumer Confidence Index (BWUK) dropped by 1.3 percentage points month-on-month,...

October Inflation in Poland at 4.1%: What It Means for Future Rate Decisions

We have received the final October reading of Polish inflation today. It stands at...

Business appeals to the government to establish an economic decision-making center

Poland needs a strong decision-making center for its economic policy. On the one hand, there is a need to regulate migration issues - there...

Americans spend more, oil becomes cheaper, and unemployment in Spain falls

Data about American expenditure might be worrisome, but markets are interested in expenditure growth, not in balancing budgets. Brent oil is once again testing...

German Economy Shrinks Again in Q2, Growth Prospects Remain Uncertain

According to the first estimate, the German economy shrank again in the second quarter. The Q2 GDP reading was -0.1 percent. In the first...

Polish Inflation Soars Above 4%, Interest Rate Cuts Pushed Back to 2025

According to preliminary estimates, the CPI inflation rate in July was 4.2 percent year on year. The month before, the rate was 2.6 percent....

Mixed European Data, Strong US Confidence Boost Dollar

Yesterday's data package from Europe shows that the absence of negative surprises is mainly due to low expectations. However, across the ocean, the results...

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...

Inflation in Poland Rises to 2.6% in June

Inflation in June, according to a preliminary reading by GUS, stood at 2.6%. This is an increase of 0.1 percentage points compared to May...

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 the European Space Agency (ESA) centers in the Netherlands, Spain,...

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 services prices in June this year increased by 2.6% compared...

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 is also starting to be spent now, may be our...

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....

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