Friday, September 6, 2024

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...

NBP kept interest rates unchanged, cuts possible only in the second half of 2025

The Polish National Bank (RPP) held interest rates steady during its first meeting after the summer break. The chances of a cut this year are essentially zero. The market...

RPP Conference without Surprises, Dollar Weakening – Awaiting Data from USA

The Monetary Policy Council conference has reassured us that nothing has changed. We should...

President Glapiński’s Dovish Rhetoric Weakens the Złoty

As expected, the Monetary Policy Council maintained the interest rates at the same level...

Polish GDP growth in the second quarter: Consumption drives the economy, but challenges remain

The data from the confidence indices indicate that pessimistic views still dominate among managers....

MPC maintains interest rates, and market attention focuses on Adam GlapiÅ„ski’s conference tomorrow

The Monetary Policy Council (RPP) has maintained interest rates at the current level. The...

Eurozone manufacturing PMI rebounds in January

The Purchasing Managers' Index (PMI) for the industry in January in the Eurozone was 46.6 points compared to 44.4 points a month earlier. This...

Poland’s Average Wage Tops 8,000 PLN for the First Time

With the current pace of price and wage increases, this day was bound to come. In December 2023, for the first time, we exceeded...

ECB Balances Risks of Inflation and Recession, Delays Rate Cuts

Allianz Trade predicts that the ECB will once again keep interest rates unchanged at its next meeting on 25 January and will refrain from...

Inflation Slows But Remains Above Target in Poland

Inflation in Poland is decelerating quickly, but the pace of annual growth has halted slightly above 6 percent. Considering the base effect, i.e., high...

Polish economy to accelerate in 2024

The year 2024 will be marked by the activation of EU funds and the mobilization of resources from the KPO. Economic growth will accelerate,...

Economic Forecast for Poland in 2024 and a Summary of 2023

Looking through the lens of the most important macroeconomic phenomena and trends that dominated the Polish economy in 2023 and their implications for 2024,...

Poland Approves Record-Breaking Budget for 2024 with Massive Deficit

It is indeed favorable that the budget has been approved. However, some figures within it have caused sincere astonishment among analysts. The major point...

Polish Inflation Slows to 6.2% y/y; German Economy Stalls, US Retail Sales Surprise

Consumer inflation in Poland ultimately slowed down to 6.2% year-on-year (y/y) from 6.6% y/y in November, which is a slight upward revision compared to...

Decline in Producer Inflation in Germany and Poland

Producer price inflation (PPI) in Germany turned out to be much larger than the market expected. Producers' prices fell by 1.20 percent m/m (forecast...

Global Risks Report 2024 Highlights Major Concerns for the Next Decade

The "Global Risks Report 2024" has identified two economic factors - inflation and the expected economic slowdown - as some of the key global...

Polish government budget for 2024: GDP growth, but deficit and inflation remain high

The government anticipates a considerable increase in GDP of 3 percent. It's a significant acceleration compared to the year 2023 and towards a level...

US Retail Sales Rebound in December, Beating Expectations

Retail sales (uncorrected for inflation) in the USA increased by 0.6 percent m/m in December. The previous month's growth was 0.3 percent. The figure...

Polish Zloty Losing Its Post-Election Favorable Treatment

Despite the generally applicable Betteridge’s law, which states that questions posed in headlines are typically answered in the negative, the Polish currency appears to...

Top 5 global threats for Poland in 2024

Inflation, economic downturn, armed conflict, accidental or intentional use of biological, chemical or nuclear weapons, and public debt - these are the five main...

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