USA-China Tensions Transform Global Market

After the U.S. elections, relations between the...

Polish Economy in 2024: What to Expect in 2025

After a rebound in 2024, Poland's economy is expected to grow even faster in the following year. This growth will be driven by strong consumption and investments but limited...

Fed’s Third Consecutive Rate Cut Fails to Calm Markets as Uncertainty Grows

The decision by the U.S. Federal Reserve to cut interest rates for the third...

Economists Lower Poland’s GDP Growth Forecast: Rapidly Rising Public Debt Among the Major Risks

It is no longer high inflation, but public debt rapidly approaching the constitutional limit...

Mastercard Outlook 2025: Economic Growth Acceleration and Inflation Stabilization

According to the latest Mastercard Economic Outlook report, the global economy is expected to...

Poland Will Catch Up to Germany in Terms of GDP Per Capita by 2036

After 1989, Poland embarked on a path of economic growth that, except for the...

Poland’s Budget Deficit Looms Large: Electoral Promises and Foreign Debt Pose Risks

This year, the budget deficit could reach high levels, possibly approaching 200 billion złoty. Generous electoral promises have been made, such as the continuation...

Market Uncertainty Surrounds Eurozone Rate Cut Timeline

The Eurozone hasn't entered the period of interest rate cuts, contrary to what some might expect. It's crucial to remember that the last increase...

Central banks hold rates steady, signaling delay in rate cuts

Today, the European Central Bank did not lower interest rates. Similarly, the Federal Reserve (FED) is expected to keep rates unchanged next week. Poland's...

China’s Economic Rebound Falters, Highlighting Weaknesses and Future Challenges

As predicted by Allianz Trade, China's GDP growth in 2023 reached +5.2%, surpassing the (easy) official target, but also reflecting weaknesses, including persistently low...

Unemployment Rate Rises in Poland

After 6 months of unemployment rate being flat at 5% in Poland, it increased in December. Analysts, however, are reassuring, as every year, with...

Recession in Germany will affect Polish GDP

The Polish economy is heavily dependent on what is happening beyond our western border. Germany is currently undergoing a recession - this year's GDP...

Hungary’s Wage Growth Beats Inflation

Hungarians have experienced the negative impacts of inflation firsthand. Government-backed programs have contributed to Hungary's struggles with inflation, which have been more severe than...

Eurozone manufacturing PMI rebounds in January

The Purchasing Managers' Index (PMI) for the industry in January in the Eurozone was 46.6 points compared to 44.4 points a month earlier. This...

Poland’s Average Wage Tops 8,000 PLN for the First Time

With the current pace of price and wage increases, this day was bound to come. In December 2023, for the first time, we exceeded...

ECB Balances Risks of Inflation and Recession, Delays Rate Cuts

Allianz Trade predicts that the ECB will once again keep interest rates unchanged at its next meeting on 25 January and will refrain from...

Inflation Slows But Remains Above Target in Poland

Inflation in Poland is decelerating quickly, but the pace of annual growth has halted slightly above 6 percent. Considering the base effect, i.e., high...

Polish economy to accelerate in 2024

The year 2024 will be marked by the activation of EU funds and the mobilization of resources from the KPO. Economic growth will accelerate,...

Economic Forecast for Poland in 2024 and a Summary of 2023

Looking through the lens of the most important macroeconomic phenomena and trends that dominated the Polish economy in 2023 and their implications for 2024,...

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...

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