Tag: machinery

ECB analysis finds AI-intensive businesses rely more on equity and capital markets, while Europe remains behind the United States in converting AI innovation into investment.

Poland’s August data came in below expectations: industrial output, retail sales and wage growth disappointed, while inflation accelerated. mBank economists argue this is not yet the start of a sharp slowdown, which may become more visible in early 2027 as higher energy and fuel prices squeeze real incomes.

Poland’s industrial recovery remained uneven in August 2026. GUS data show year-on-year output increased for 224 product groups but declined for 237, while sold production rose in 146 groups and fell in 168.

The Polish zloty has weakened noticeably, with EUR/PLN around 4.36 and USD/PLN near 3.80. Higher global interest rates, expensive oil and Moody’s downgrade of Poland’s sovereign rating are all adding to currency risk for Polish companies.

The oil shock may fade as flows normalize, but gas markets remain more exposed to disruption. Allianz Trade Research expects Brent to average USD 87/bbl in Q4 2026 and USD 76/bbl in 2027, while European TTF gas is forecast to fall to EUR 36/MWh only in 2027.

A steel spring can be replaced by a composite structure that is up to 70% lighter while retaining properties tailored to a specific application....

KRUS recorded 4,284 farm-work accidents in Poland in the first half of 2026, 3% fewer than a year earlier. Falls remain the most common cause of compensated accidents, while the agricultural insurance fund is increasingly focusing on safety education for children and young people.

Average gross pay in Poznań enterprises rose to PLN 10.9 thousand in July, while the unemployment rate remained at just 1.6%. At the same time, employment fell 2.5% year on year.

Rzeszów recorded strong growth in industrial output and wages in July, but weaker labour-market, retail and construction figures. Industrial production rose 18.5% year on year, average gross pay topped PLN 10,000 and unemployment increased to 4.5%.

Kielce posted strong industrial and construction figures in July, but labour-market conditions deteriorated. Employment fell 3% year on year, registered unemployment rose 15.1%, and average gross pay exceeded PLN 8,000.

Wrocław combined strong industrial and wage growth with a sharp increase in registered unemployment in July 2026. Average gross pay reached PLN 10,187.32 and industrial output rose 12.8% year on year.

Average pay in Kraków’s enterprise sector rose to PLN 11,700.78 gross in July, the highest among Poland’s 18 regional capitals. Employment fell 1.9% year on year, while registered unemployment rose above 15,000.

Poland’s construction and assembly output increased by more than 5% year on year in June 2026, with infrastructure activity rising by nearly 19%. Despite the improvement, sentiment among construction companies remains cautious. The EFL Barometer for Q3 2026 shows that 41% of firms plan to reduce investment spending. Expectations are now focused on a stronger inflow of EU funding from Poland’s Recovery and Resilience Plan and the 2021–2027 financial framework, which could support investment activity in the coming quarters.

Poland’s GDP increased by 3.9% year on year in the second quarter of 2026, according to Statistics Poland’s preliminary estimate. The figure was revised up by 0.1 percentage point from the earlier flash estimate. More important than the headline number was the composition of growth. Gross fixed capital formation accelerated sharply to 8.4% year on year, while household consumption growth eased to 2.8%. Net exports also made a positive contribution to economic growth.