Sunday, November 24, 2024

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...

Poland is in a phase of economic expansion, while Germany is facing a recession

In 2024, only a moderate pace of economic growth is predicted for Central Europe. In Poland, GDP growth is expected to be 2.8%. At...

The Future of Inflation Remains Uncertain

It is now possible that this year, the Federal Reserve (Fed) may not cut interest rates, aligning in this respect with the actions of...

EIB Shifts Focus to Clean Energy, Security, and Innovation

Over the past 20 years, the European Investment Bank (EIB) has invested more than 85 billion euros in Poland, primarily focusing on infrastructure development...

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...

Interest rates in Poland remain unchanged

Interest rates in Poland have remained unchanged, which is another consecutive decision since October to maintain interest rates at the same level. Furthermore, economists'...

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, and it was generally not expected to differ. The arguments...

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 growth and pent-up demand, will fuel the rising consumer price...

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 government conducted a revision of the plan earlier this year....

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...

- A word from our sponsors -

Follow us

HomeECONOMY