Tag: NBP

Marshal HoÅ‚ownia Refuses Constitutional Tribunal’s Order, Vows to Continue Proceedings Against NBP President GlapiÅ„ski

Marshal Hołownia announced that a copy of the Constitutional Tribunal's decision aimed at preventing the Sejm and its bodies from considering the preliminary motion...

Polish Inflation Falls to Lowest Since 2019, Zloty Faces External Pressures

According to final data, Polish CPI inflation slowed in March to 2% year-on-year from 2.8% year-on-year in February. There was a slight upward...

Interest Rates on Hold in Poland: Cuts Possible Later This Year?

As expected, interest rates in Poland have remained unchanged, and all signs indicate that the rates will stay at the same level until the...

Is the US labor market losing momentum? NFP and other macro data in the coming week

Attention will be focused mainly on the NFP report, but in addition, the market will receive data on inflation in the euro zone and...

Inflation surprises! Has the NBP overdone it with monetary tightening?

Today's inflation reading can be best summarized with one word - surprise. The central bank's policy of keeping interest rates high is effectively stifling...

Gold Price Soars on Fed Decision Delay, Global Central Bank Moves Shake Markets

Last week, the price of the coveted metal surpassed the threshold of 2,200 dollars per ounce. "We observed significant fluctuations in the gold market,...

Central Bank Decisions Shake Up Currencies: Dollar Shines, Zloty Holds Steady

Last week was rich in central bank decisions, not all of which were in line with expectations. Among the major currencies, the dollar shined...

Inflation Dips in February, But Resurgence Looms on the Horizon

Inflation dropped to 2.8% year-on-year in February. However, the victory is modest if we compare the price increase to the situation of a year...

Strong Wage Growth Signals Consumer Recovery and Inflationary Pressures

Consumer inflation in Poland decelerated in February to 5.4% YoY (the lowest since December 2021). Although the overall CPI inflation rate is noticeably decreasing...

Motion Ready to Bring Adam Glapiński Before State Tribunal, Says Donald Tusk

"The motion to bring Adam Glapiński before the State Tribunal is ready," announced Donald Tusk. The Prime Minister added that it will be submitted...

NBP inflation outlook hinges on government measures. Eurozone industrial output falls short

On Monday, the National Bank of Poland (NBP) published two scenarios in its inflation report, depending on whether the government extends anti-inflation measures...

NBP Revises Forecasts: Higher Inflation and Lower Growth Expected for Poland

The NBP (National Bank of Poland) is changing its forecasts for Poland. In November, it projected inflation at 4.6%, but now, given that anti-inflationary...

NBP Projection Shakes the Market

Yesterday was dictated by the new projections of inflation and GDP growth. Inflation in the Czech Republic has met its target for yet another...

Grocery Bills Rise: Daily Shopping Up 3.9% Annually in Poland (February 2024)

Analysis of nearly 60,000 retail prices has shown that daily shopping in stores increased by an average rate of 3.9% annually in February 2024....
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