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 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...

Economic Rollercoaster Ride Continues as Inflation Slows but Challenges Remain

The latest reading from the Central Statistical Office regarding inflation allows for both optimistic and pessimistic conclusions. The good news is the nominal drop...

Inflation Dips, but Rebound Expected Later in the Year. Interest Rate Cuts Possible in 2024

Inflation at the beginning of the year will be lower, but it is expected to bounce back in the following months. There is a...

Eurozone Industrial Production Plunge Triggers Alarm Bells, Inflation Slowdown in Poland, Gas Prices Plummet

Prices rose by 6.2% in 2023. This is a significant improvement from 2022, but many observers were hoping for a faster decrease in the...

Geopolitical Tensions and Economic Data to Drive Markets in Week Ahead

The election in Taiwan went according to the wishes of Americans and Europeans, with the threat of submission to China receding. A meeting of...

Economic Slowdown Hits China and UK, US Inflation Data Fails to Stir Market

Today's data package from China suggests that the return of the world's second largest economy to the path of stable development will not be...

Polish central bank keeps rates steady, German economy slows, US inflation accelerates

The key event of the week was the meeting of the Polish central bank. As expected, the National Bank of Poland (NBP) left interest...

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