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...

Two Years On: War in Ukraine and Its Global Impact

On February 24, 2022, a full-scale Russian invasion of Ukraine began. After two years of war, the current situation in the East seems like...

Has the Fed successfully tamed inflation without triggering a recession?

In the last several months, the battle against inflation has been underway. It is not over yet, even though the Federal Reserve has made...

Europe seems to be lagging behind the United States on many fronts

Over the past 25 years since the introduction of the euro, the economic gap between the United States and the eurozone has nearly tripled. ...

Double-digit wage growth and consumption revival

This week, the January statistics from the Polish labor market were published. Wage growth in the private sector accelerated year-on-year (y-o-y) from 9.6% in...

Polish Wage Surge Sparks Inflation Concerns: Business Sector Salaries Jump 12.8%

Salaries in the business sector increased by as much as 12.8% year on year in January. An increased consumer demand could pose a threat...

Eurozone Industry Weakens Further but Services Soar, Avoiding Recession Threat

In February, the PMI for the Eurozone industry was at 46.1, down from 46.6 the previous month. The reading turned out to be worse...

Polish wages surge 12.8% despite industrial slowdown

Unexpectedly, we find ourselves in a situation where wages are growing over three times faster than inflation. However, we should not assume that this...

Poland’s Economic Recovery in 2024 After a Challenging 2023

The year 2023 was rather poor for the Polish economy. Although it seemed that 2022 - when a full-scale war broke out in Ukraine...

The year 2024 will be better for consumers and entrepreneurs

The shopping pattern of Poles in 2023 was limited to basic necessities - medications, clothing, footwear, and food. Nowadays, this pattern is slowly shifting...

Inflation Plunges in Poland: Reaching the Target, But Yo-Yo Looms?

It seems that we are rapidly getting close to the inflation target. The question is, will the yo-yo effect catch us after such a...

Interest Rate Cuts in Poland: Later Than Expected, With Eyes on Major Central Banks

The market is scaling back its expectations for interest rate cuts in Poland this year. The cuts will come, but later than expected, and...

No interest rate cuts this year?

According to the predictions of most analysts, the conference of the President of the National Bank of Poland (NBP) turned out to be significant....

Polish Interest Rates to Remain Stable, Gradual Cuts Possible Later in 2024

The Monetary Policy Council at its February meeting did not change the level of interest rates. This is likely to remain so for some...

German industry surprises positively

The German industry has delivered surprisingly positive growth data. Unemployment in New Zealand is growing at a slower pace. Good data from the German industry Yesterday,...

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