Friday, January 16, 2026

Tag: NBP

RPP Satisfied with Inflation, Signals of Monetary Easing Return

In line with our expectations, the Monetary Policy Council (RPP) left interest rates unchanged on Wednesday, following a cumulative reduction of 175 basis points...

Poland CPI Update: 0.0% m/m, 2.4% y/y—Right on Expectations

The latest CPI inflation reading in Poland for December is in line with forecasts, both month on month (0.00%) and year on year (2.4%). The...

Poland Holds Rates at 4% After 2025 Cuts: What’s Next for the MPC?

After an aggressive interest-rate cutting cycle by Poland’s Monetary Policy Council (Rada Polityki Pieniężnej, MPC) in 2025, January brought a decision to keep rates...

Poland’s Złoty Strength and Low Inflation Could Open the Door to Further NBP Easing

Poland’s economic growth is expected to remain higher than in most European Union countries and across the region, while inflation is projected to stay...

Poland’s MPC Likely to Hold Rates at 4.0% in January 2026 as Inflation Nears Target

The upcoming meeting of the Monetary Policy Council (MPC) in January 2026 will be the first policy-setting meeting of the new year and an...

High Labor Costs Top Employers’ Concerns as 2026 Brings More Regulatory Pressure

Nearly 47% of employers say that high labor costs are their biggest challenge in today’s job market, according to a Trenkwalder Polska survey conducted...

Average Salary in Poland’s Enterprise Sector Surpasses PLN 9,000 in November

In November 2025, average wages in Poland’s enterprise sector rose by 7.10% year on year, clearly exceeding market expectations of 6.30%. The average gross...

Poland’s Housing Market in 2025: Stabilisation After Turbulent Years — What Will 2026 Bring?

The Polish housing market in 2025 was defined by a push toward stabilisation and balance after several turbulent years. Developers steadily launched new homes,...

No Boom, No Bust: Poland’s Housing Market in 2026

The direction of price changes in the secondary housing market depends primarily on demand, interest rates, and the labor market. These factors—especially access to...

Poland’s Central Bank Delivers Sixth Rate Cut This Year, Signals “Wait and See” Ahead

The Monetary Policy Council (RPP) continued its series of interest rate cuts on Wednesday, December 3, deciding on the sixth reduction this year—this time...

Poland Risks Losing Ukrainian Workers Without Rapid Legal Reforms

Ukrainian refugees generated 2.7% of Poland’s GDP in 2024, according to an analysis by Deloitte prepared for UNHCR. The report shows that 69% of...

Poland’s Housing Market Rebounds in Q3 2025 as Demand Surges and Mortgage Activity Accelerates

The international advisory firm Cushman & Wakefield has published its latest analysis of Poland’s residential market, showing that the third quarter of 2025 brought...

Złoty Outlook: Strong Fundamentals Offset Rising Government Debt

Saying that Poland has recently joined the ranks of the world’s most important economies would not be an exaggeration. However, this does not mean...

Over 530 Tonnes of Gold in NBP Reserves. Will Poland Reach the 30% Target This Year?

After another round of gold purchases in October, the National Bank of Poland (NBP) now holds more than 530 tonnes of gold worth over...
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