Tag: Mariusz Zielonka

Industry diversification drives the Polish economy, but inflation and interest rate policies still raise concerns

The Polish economy in 2024 is developing surprisingly well. A potential danger could be inflation, which is currently increasing at a rate of 0.1%...

Challenges in Public Finance Management: Record Deficit and Rising Budget Expenditures in 2025

Managing public finances will pose a challenge in the coming years. The 2025 budget is optimistic but assumes a massive deficit. The government will...

Inflation in Poland is slowly increasing. It will accelerate in July

According to a flash estimate by the Central Statistical Office (GUS), consumer goods and services prices in June this year increased by 2.6% compared...

Unemployment Rate Reaches Record Low in May

Unemployment, after a brief, slight increase at the beginning of the year, continues its downward trend. In May, the record from the summer of...

Retail Sales Show Mixed Results: Annual Growth Strong but Monthly Change Minimal

Retail sales at constant prices in May 2024 were 5% higher than a year ago. However, compared to April of this year, they fell...

Polish Industry Shows No Signs of Improvement

In May of this year, the PMI for the manufacturing sector in Poland dropped to 45 points from 45.9 points recorded in April, according...

Consumption and Foreign Trade Drive GDP Growth in Poland

Gross domestic product (GDP) in Poland, unadjusted for seasonal variations, increased by 2% year-on-year in Q1 2024, compared to a decline of 0.4% in...

Experts Predict GDP Growth for Poland in 2024

Experts forecast an increase in Poland's GDP in 2024. A factor that will negatively impact GDP for most of the year is trade exchange....

IMF Raises Global GDP Growth Forecast to 3.1% for 2024, Citing Surprising Economic Resilience

According to the World Economic Outlook, the International Monetary Fund (IMF) expects the global GDP to grow by 3.1 percent this year. This is...

Assessing Poland’s Multiannual Financial Plan for 2024-2027

In the coming years, the government will face challenges including the continuously rising national debt, a deepening demographic crisis, a faster increase in labor...

Average Salaries in Poland Reach New Record Despite Employment Decline

The average monthly salary in enterprises in March this year increased nominally by 12% compared to the same period last year, amounting to 8,408.79...

Polish Consumers: Cautiously Optimistic Despite Inflation Fears

Current moods have been progressively improving since the beginning of the year. Despite still being negative, the current consumer confidence index is gradually approaching...

An Overview of Poland’s Foreign Trade Performance in Early 2024

In January-February 2024, Poland's foreign trade turnover reached 247.8 billion PLN in exports and 237.6 billion PLN in imports at current prices. The trade...

Industrial Sector Sentiments in Poland Remain Low

In March, the PMI showed essentially a marginal increase of 0.1 points to a level of 48 points. This indicates that the main sentiment...
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