Thursday, November 21, 2024

The European Commission forecasts a 3.0% increase in Poland’s GDP in 2024 and 3.6% in 2025

On November 15, 2024, the European Commission published its Autumn Economic Forecast, presenting an optimistic outlook for Poland's economy in the coming years. According...

Inflation in Poland accelerates, Eurozone surprises with GDP growth in Q3.

This week in Polish macroeconomic statistics, a preliminary estimate of consumer inflation for October was published. Consumer prices increased by 0.3% m/m (+0.1% m/m...

Dollar loses value after preliminary US GDP data – stable economy reduces chances for Fed rate cut

Yesterday, the dollar only strengthened for a moment after the ADP data then lost ground due to the publication of preliminary GDP results for...

Poland’s Economic Growth Forecast: Leading the EU Amid Inflation and Global Challenges

Economic forecasts for the upcoming years indicate a varied development dynamic across EU countries. According to the EY European Economic Outlook report, Poland's GDP...

Are Consumers on the Verge of Exhaustion? An Analysis of the GUS Retail Sales Report

On Tuesday, October 22, Poland’s Central Statistical Office (GUS) published its report on retail sales. Typically, this reading interests only a narrow group of...

Polish GDP growth in the second quarter: Consumption drives the economy, but challenges remain

The data from the confidence indices indicate that pessimistic views still dominate among managers. On the other hand, their predominance is declining in both...

Polish Economy Accelerates by 3.2% in Q2 2024, Yet Growth Remains Below Potential

Recently published data by the Central Statistical Office (GUS) confirms that the economy accelerated in the second quarter of this year, growing by 3.2%...

GDP without surprises, WIBOR rates gradually down, oil getting cheaper

Yesterday's data from the Polish economy did not surprise analysts. However, a slight surprise was the symbolic downward shift of WIBOR rates. In the...

Subdued Market Reaction to US Inflation, Eurozone GDP Lags

The main event of the day and the week was the announcement of American inflation. In addition, we received a series of GDP readings...

Polish GDP Surprises with 3.2% Growth in Q2 2024

According to a quick GDP estimate, in the second quarter of 2024, there was a real increase of 3.2% year-on-year, compared to a decrease...

Week in markets: the zloty weakens and investors wait for GDP data

The Polish macroeconomic calendar was empty this week. According to the preliminary estimate of the Ministry of Family, Labor and Social Policy (MRPiPS), the...

German Economy Shrinks Again in Q2, Growth Prospects Remain Uncertain

According to the first estimate, the German economy shrank again in the second quarter. The Q2 GDP reading was -0.1 percent. In the first...

Trade Credit Insurance Booms in Poland as Economy Shifts

In 2023, insurers covered commercial transactions amounting to 911 billion PLN. This represents a 10 percent increase compared to the previous year. This amount...
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