Tag: Maciej Przygórzewski

Hungary’s Wage Growth Beats Inflation

Hungarians have experienced the negative impacts of inflation firsthand. Government-backed programs have contributed to Hungary's struggles with inflation, which have been more severe than...

Poland’s Average Wage Tops 8,000 PLN for the First Time

With the current pace of price and wage increases, this day was bound to come. In December 2023, for the first time, we exceeded...

Interest Rate Cuts on Hold: Central Banks Remain Cautious

Towards the end of last year, it seemed that there would be a series of interest rate cuts beginning in the first quarter of...

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...

Pakistan Attacks Iran, Tensions Soar

In recent times, there is an increasing number of armed conflicts occurring worldwide. Almost every event is interpreted by analysts as the potential start...

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...

German Inflation Rebounds: Temporary Spike or Trend Reversal?

In the span of a month, inflation in Germany has increased from 3.2% to 3.7%. However, there is no cause for concern. The increase...

Turkey’s Inflation Soars to 64.8%, Far Outpacing Europe

Currently, we only have one country in Europe with double-digit inflation - Turkey, with a rate topping 60%. If this trend continues, we could...

The Polish złoty and stock market start the new year with a struggle amid global market turbulence

The New Year brings new thrills in the markets. The dollar returns to the important level of 4 PLN due to the strength of...

Last Trading Day of the Year Ends with Unexpected Twists and Turns

The last trading day of the year was supposed to be relatively dull, but a lot is happening. Energy commodities are ending the year...

A Year of Contrasts: 2023’s Financial Rollercoaster Ride

Through the prism of various events and changes in the global financial markets, the year 2023 was exceptional and full of surprises. It was...

Weakening Dollar

The US dollar is continuing to weaken. Despite a weakening dollar, oil is once again retreating. Meanwhile, the Polish zloty and other currencies in...

Weak Data from the US Pushes Dollar Down

Weaker data from the United States pushed the American currency down. One euro is now worth more than a dollar and 10 cents. Bottled...

Budgetary Sprint: Rapid Preparation, Potential Amendment Looms

Passing a budget, considering the timing of the new government’s inauguration, is definitely a sprint. Therefore, one can expect an amendment to appear next...
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