Tag: AKCENTA

Harris vs Trump. 4 scenarios of how the US election result will impact the economy

With the upcoming US presidential election, investors are preparing for market volatility and potential political changes. The key question is to what extent victory...

Inflation in Poland accelerates, Eurozone surprises with GDP growth in Q3.

This week in Polish macroeconomic statistics, a preliminary estimate of consumer inflation for October was published. Consumer prices increased by 0.3% m/m (+0.1% m/m...

Salaries in Poland are rising, employment is falling

The growth in wages in the Polish private sector accelerated in August to 11.1% year on year (market estimates were 10.8% year on...

The Polish economy in the second quarter was mainly driven by consumption

According to GUS data, the unemployment rate in Poland increased to 5.0% in July from 4.9% in June. The Polish economy grew by...

Mixed Economic Data from Poland and Positive PMI Surprises in the Eurozone and the USA

- This week brought somewhat mixed data from the Polish economy. Industry surged by 7.9% year-on-year in April, following a revised decline of -5.6%...

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...

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...

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...

NBP and EBC maintain interest rates unchanged

As expected, the National Bank of Poland (NBP) has left interest rates unchanged. The main interest rate stays at 5.75% for the fifth...

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 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...

Polish Manufacturing PMI Dips, Euro Weakens, Dollar Steadies

At the start of the new year, the December PMI index for industry in Poland was published, which proved disappointing. The slowdown in activity...

Economic Uncertainty Looms for 2024: ZÅ‚oty Expected to Weaken, Euro May Suffer

The passing year has primarily been a period of exceptionally high inflation. Governments, businesses, and consumers not only in Poland but across the globe...
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