Tag: Canada

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...

Insurance Costs on the Upswing, But Rate Hikes Cool Down

Insurance rates around the world increased by 2% in the fourth quarter of 2023 (down from 3% in Q3 2023), according to a recent...

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...

5G smartphones gaining popularity in Poland, but usage habits remain unchanged

As part of their study, Deloitte experts asked Poles about their preferences regarding the use of mobile phones. The most popular type of mobile...

Polish consumer sentiment improves slightly but inflation worries persist

The results of the 50th edition of Deloitte's Consumer Signals survey indicate a slight improvement in Polish people's attitudes towards personal finance. Although a...

Wall Street Indexes Hit New All-Time Highs

Wall Street indexes have established new historical highs. The last two sessions of the previous week were dominated by buyers, resulting in dynamic increases...

ECB in the spotlight, Lagarde to temper rate cut expectations

The upcoming week will bring the first decisions of central banks in 2024. The ECB, Bank of Canada, Bank of Japan, and the banks...

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...

EUR/USD Faces Pressure Ahead of ECB Meeting

The market's attention begins to focus on the upcoming meetings of major central banks. Next week, we will learn the ECB and Canada's decision,...

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...

Hitachi Energy Strengthens Global Presence with Acquisition of COET

Today, Hitachi Energy announced the completion of its acquisition of COET – a company engaged in the design and manufacture of powering devices for...

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...

Mercedes-Benz Group sold 2.49 million cars in 2023

In 2023, sales of Mercedes-Benz Group increased to 2,491,600 passenger and commercial vehicles. Key Points: Sales of Mercedes-Benz Group Cars and Vans increased by...

Converting Office Buildings into Residential Units: A Solution to Poland’s Housing Shortage?

In the USA and Western Europe, there's an increasing number of projects associated with converting office spaces into residential ones. In Poland, these are...
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