Tag: Bartosz Wałecki

PMI in Eurozone drops, economies show signs of slowdown

Featured Image: Bartosz Wałecki, analyst, Michael / Ström Brokerage House The PMI for the industry in the Eurozone in September was 44.8 points versus 45.8...

CPI Inflation in the U.S. Approaches Target

CPI inflation in the U.S. reached 2.5% year-over-year in August. The inflation rate has been declining for consecutive months, getting closer to the target....

MPC maintains interest rates, and market attention focuses on Adam Glapiński’s conference tomorrow

The Monetary Policy Council (RPP) has maintained interest rates at the current level. The decision was in line with expectations. Tomorrow there will be...

August CPI Inflation Rises to 4.3% YoY: Elevated Inflation Expected to Persist Through 2024

According to a preliminary estimate, the CPI inflation rate for August was 4.3 percent year-on-year. This is a slight increase compared to the previous...

Eurozone CPI inflation close to target, rate cut in September increasingly likely

In August, the CPI inflation rate in the eurozone was 2.2% year on year. This reading is in line with market consensus. The indicator...

The service sector is in better condition than the industrial sector

The PMI in August for the industry in the Eurozone was 45.6 compared to 45.8 a month before. A notable negative is Germany, where...

Wages in Poland Rise Slower, Inflation Accelerates

The average salary in the enterprise sector in July 2024 increased by 10.6% year on year. The reading turned out to be lower than...

US CPI inflation below forecasts

US CPI inflation in July stood at 2.9 percent year-on-year(Y/Y). The indicator on an annual basis has fallen below 3 percent for the first...

Polish GDP Surprises with 3.2% Growth in Q2 2024

According to a quick GDP estimate, in the second quarter of 2024, there was a real increase of 3.2% year-on-year, compared to a decrease...

German Economy Shrinks Again in Q2, Growth Prospects Remain Uncertain

According to the first estimate, the German economy shrank again in the second quarter. The Q2 GDP reading was -0.1 percent. In the first...

Polish Inflation Soars Above 4%, Interest Rate Cuts Pushed Back to 2025

According to preliminary estimates, the CPI inflation rate in July was 4.2 percent year on year. The month before, the rate was 2.6 percent....

Eurozone Inflation Stays Near Target, ECB Rate Cuts Remain on Track

The CPI inflation in the Eurozone for June was 2.5% year-on-year, in line with market consensus. Core inflation remained at 2.9% year-on-year, slightly higher...

May PMI Readings from Germany Confirm the Acceleration of the Service Sector

In Germany, the CPI inflation rate in May was 2.4% year-over-year compared to 2.2% in the previous month. This reading was in line with...

Eurozone Manufacturing PMI for May Rises to 47.4, Indicating Signs of Recovery

The Manufacturing PMI for the eurozone in May was 47.4, compared to 45.7 points the previous month. The reading was better than the forecast...
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