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...

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...

Interest Rates on Hold in Poland: Cuts Possible Later This Year?

As expected, interest rates in Poland have remained unchanged, and all signs indicate that the rates will stay at the same level until the...

Industrial Sector Sentiments in Poland Remain Low

In March, the PMI showed essentially a marginal increase of 0.1 points to a level of 48 points. This indicates that the main sentiment...

Is the US labor market losing momentum? NFP and other macro data in the coming week

Attention will be focused mainly on the NFP report, but in addition, the market will receive data on inflation in the euro zone and...

Inflation surprises! Has the NBP overdone it with monetary tightening?

Today's inflation reading can be best summarized with one word - surprise. The central bank's policy of keeping interest rates high is effectively stifling...

Polish Inflation Rate in March 2024: 1.9%

In March 2024, inflation reached 1.9% year-on-year, as reported by the Central Statistical Office. Experts had anticipated a figure of 2.2%, although more optimistic...

Emerging Markets Face Divergent Growth Paths in 2024, S&P Global Reports

Emerging markets (EMs) are set to experience a year of significant growth divergence in 2024, according to S&P Global's Economic Outlook for Q2 2024....

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