Tag: Sharp

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...

85 years of tire production in Dębica. From Stomil to the largest Goodyear tire factory in Europe

The Dębica tire factory is celebrating its 85th anniversary in April this year, boasting a rich history—from its establishment in 1939 as the Stomil...

Gold Surges to Record High as Geopolitical Tensions Rise and Safe-Haven Demand Soars

Following the recent sharp rise in tensions in the Middle East, the price of gold has soared to a record $2400 per ounce. Since...

Foreign Apartment Purchases in Poland Slightly Decline in 2023, Belarusians Emerge as Fastest Growing Buyer Group

In 2023, just over 14,300 apartments were acquired by foreigners, a figure slightly less than the previous year. According to the portal GetHome.pl, the...

Energy cooperatives: A promising but underutilized path in Poland’s energy transition

Energy cooperatives and other forms of citizen energy can be the dark horse of the Polish energy transition. However, they still face many barriers,...

4-Day Workweek in Poland: A Boon or Bane?

With the current low unemployment, the widely felt lack of workers, and the steadily decreasing number of people of working age (a decrease of...

U.S. Stocks Up Despite Tepid Inflation Data, Dollar Gains, Gold Slips

Stock indexes in the USA gained again despite worse inflation data. The U.S. dollar appreciated and gold reduced its valuation. The yields of U.S....

Construction Boom in Poland: Prices and High Demand in Q1 2024

The first quarter of 2024 sees significant revival in the construction industry. This applies not only to house construction but also to building works...

War in Ukraine Worsens Africa’s Unprecedented Food Crisis

The Russian war in Ukraine, which caused problems with food supplies and a sharp rise in food prices on world markets, has added to...

Poland with a record number of insolvencies

In 2023, three-quarters of countries recorded an increase in corporate insolvencies, marking a +7% rise at the global level. The year 2024 may signal...

Global Tech M&A Valuations Decline for Second Year Amid Market Uncertainty and High Costs

The valuation of global acquired technology companies fell for the second consecutive year in 2023, almost half lower compared to the pandemic peak in...

January Data Signals Moderate Optimism for Polish Housing Market

January statistics from Poland's Central Statistical Office (GUS) for housing construction usually indicate a slight or significant weakening of investment activity. However, as experts...

Car Dealerships See Drop in Traffic Despite Rising Sales

Annual Review of Traffic Trends in Car Dealerships – A Report by the Car Dealers Association and Proxi.cloud. In 2023, traffic in the car dealerships...

Inflation fears return in the USA: strong dollar, stable złoty

The January inflation report from the United States contained everything the Federal Reserve did not want to see. Both the main and core measures...
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