Friday, January 16, 2026

Tag: Jan Karczewski

Wages Grew Less Than Expected in July 2025 – Average Salary in the Enterprise Sector Reached PLN 8,905 Gross

In July 2025, the average salary in the enterprise sector increased by 7.6% year-on-year, which was clearly below market forecasts that had anticipated an...

Inflation Near NBP Target: July Reading Falls to 3.1% YoY

July saw a noticeable slowdown in inflation. Following June’s consumer price index (CPI) reading of 4.1% year-on-year, the preliminary estimate for July points to...

Inflation in Poland Steady in June; Significant Drop Forecast for July

The final consumer inflation reading for June was 4.1% year-on-year and 0.1% month-on-month, in line with the preliminary estimate by Statistics Poland (GUS). In July,...

Poland’s Final Inflation Reading for May Lower Than Expected – Falls to 4.0% YoY

Poland’s final inflation reading for May came in at 4.0% year-on-year, slightly below the initial estimate of 4.1%. On a monthly basis, inflation stood...

Polish Monetary Policy Council Keeps Interest Rates Unchanged; Market Expects Cuts Starting in July

As expected by market participants, the Monetary Policy Council (RPP) has decided to keep the National Bank of Poland’s (NBP) interest rates unchanged. The...

Another Month of Disinflation in Poland, but No Signal for an Accelerated Rate Cut Yet

The preliminary estimate of consumer inflation in May stands at 4.1% year-on-year, slightly below the market consensus of 4.2%. On a monthly basis, inflation...

Poland’s GDP in Q1 2025 Exceeds Forecasts Amid Global Uncertainty

The flash estimate of Poland’s gross domestic product (GDP) for the first quarter of 2025, seasonally adjusted and expressed in constant 2020 prices, showed...

Inflation in Poland Eases to 4.2% in April, Supporting Rate Cut Expectations

The preliminary estimate of consumer inflation in Poland for April 2025 came in at 4.2% year-over-year, slightly below the market consensus of 4.3%. On...

Wage Growth Slows in March: Annual Increase at 7.7%, Supporting Case for Rate Cuts

The average gross wage in Poland’s enterprise sector rose by 7.7% year-on-year in March 2025, in line with market expectations. According to official data,...

Wage Growth in Poland Slows to 7.9% YoY in February 2025

The average salary in the enterprise sector in Poland grew by 7.9% year-over-year (YoY) in February 2025, falling short of market expectations, which had...

November CPI Inflation Falls to 4.6% YOY: Interest Rate Cuts Possible by Spring 2025

Preliminary estimates of the November CPI inflation have been announced as 4.6 percent year on year (YOY), indicating a decrease from the level of...

The peak of inflation in Poland will depend on the implemented protective measures

The final reading of consumer inflation in October 2024 was 5.0 percent year-on-year, in line with preliminary estimates. The rise in inflation in a...

Inflation in Poland in September 2024 at 4.9% year-on-year – peak forecasted for Q1 2025.

The final inflation reading in September 2024 stood at 4.9 percent year-on-year and was consistent with the preliminary estimate. Current market forecasts indicate that the...

CPI Inflation in Poland higher than market forecasts, the peak is still ahead of us

A quick estimate of the CPI inflation in Poland for September was 4.9 percent y/y. The figure is higher than the market consensus of...
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