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...

Inflation Dips in February, But Resurgence Looms on the Horizon

Inflation dropped to 2.8% year-on-year in February. However, the victory is modest if we compare the price increase to the situation of a year...

Strong Wage Growth Signals Consumer Recovery and Inflationary Pressures

Consumer inflation in Poland decelerated in February to 5.4% YoY (the lowest since December 2021). Although the overall CPI inflation rate is noticeably decreasing...

German Industrial Weakness Persists

The Manufacturing Purchasing Managers' Index (PMI) for the Eurozone was 45.7 in March, compared to 46.5 the previous month. This figure turned out to...

Fed Holds Steady, Cuts Expected Later This Year

As expected, the federal funds rate remained unchanged. This month, we were introduced to a new "dot plot". The projection suggests that rates will...

Dollar gains strength. Base inflation in Poland disappoints

After consumer inflation took a nosedive, it turns out that the base inflation rate is by no means falling. European data did not surprise....

Bank of Japan raises interest rates for the first time in 17 years

Tuesday morning saw a weakening of the Japanese yen, a consequence of the Bank of Japan's decision to raise interest rates for the first...

Inflation in Poland 2.8%

On Friday, we had a big surprise when it came to the level of price increases. We have an unexpected slower growth. In Europe,...

NBP inflation outlook hinges on government measures. Eurozone industrial output falls short

On Monday, the National Bank of Poland (NBP) published two scenarios in its inflation report, depending on whether the government extends anti-inflation measures...

GUS Data Reveals Declining Exports, Imports in January Despite Positive Trade Balance

Foreign trade turnover in January 2024 amounted to 121.9 billion PLN in exports and 115.7 billion PLN in imports, at current prices. The positive...

Swiss rate cut possible as early as next week

The Swiss inflation rate in February was 1.2 percent, the lowest reading since the start of 2022. This increases the chance of the Swiss...

“Oiliness Hazard”: A Threat to Economies with State-Owned Monopolies

Despite appearances, monopoly and state ownership is not a beneficial solution for any enterprise, let alone for state bodies and politicians who shape or...

4-Day Workweek in Poland: A Boon or Bane?

With the current low unemployment, the widely felt lack of workers, and the steadily decreasing number of people of working age (a decrease of...

Reduced VAT Rate on Food Ends in April: inflation will jump, budget will benefit

The Ministry of Finance announced yesterday the end of the reduced VAT rate on food. This decision was previously announced by Prime Minister Donald...

NBP Revises Forecasts: Higher Inflation and Lower Growth Expected for Poland

The NBP (National Bank of Poland) is changing its forecasts for Poland. In November, it projected inflation at 4.6%, but now, given that anti-inflationary...

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