Tag: Sharp

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...

Minimum Wage Increase: A Cascading Effect on the Labor Market

The Polish gross minimum wage will increase to 4242 PLN from January 2024, and will be leveled up to 4300 PLN in July. While...

Cisco Talos saves Ukrainian energy sector from GPS jamming

By December 2022, nearly half of Ukraine's energy infrastructure had been destroyed, leaving millions of people without electricity. The energy deficit, escalated due to months-long...

Economic Uncertainty Looms for 2024: ZÅ‚oty Expected to Weaken, Euro May Suffer

The passing year has primarily been a period of exceptionally high inflation. Governments, businesses, and consumers not only in Poland but across the globe...

CEOs Struggle to Leverage Generative AI, but Many Companies Embrace its Benefits

The latest installment of the EY CEO Outlook Pulse Survey indicates that company CEOs are struggling to determine the most effective uses of artificial...

Rental Market Slowdown in November, Activity Expected to Pick Up After New Year

November data from Otodom shows that not much happens in the rental market towards the end of the year. Demand from potential tenants in...

Banks change their approach to financing commercial properties

Banks in Central and Eastern Europe are increasingly focusing their policies on sustainable development, conforming their activities to current legal regulations and market expectations...

Currency Markets Volatile as Central Banks Diverge on Monetary Policy

We announced a week ago that due to the meetings of the most important central banks, volatility can be expected. The currency markets did...

Polish inflation holds steady. Suez Canal blockade fears loom

November turned out to be the first month since February when the pace of price increases did not slow down. On the other hand,...

Global Markets Update: Oil Prices Plunge, Yen Strengthens, and NFP Expectations Rise

Oil prices fell to their lowest level since late June, with a loss of 4 percent. WTI dropped below the $70 level and Brent...

Polish Railway Construction Sector Faces Stiff Challenges Amidst Rising Costs and Limited Funding

The situation of companies carrying out infrastructure investments in the railway sector has been very difficult for about two years now. One of the...

Commercial Real Estate Market – Summary of 2023 and Forecasts for 2024

The consulting firm Savills has provisionally summarized the year 2023 and outlined forecasts for the most important trends. In the near future, the commercial...

Monetary Policy Council Holds Interest Rates Steady, Reflecting Uncertainty

The post-election dust has settled, and along with it, the situation in the monetary market has stabilized. After a pre-election two-step reduction in interest...
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