Tag: Sharp

Property investment market in Poland | 2023 summary

Following the outbreak of the Covid-19 pandemic in early 2020, the Polish investment market has consistently navigated its repercussions, only to face additional challenges...

Is the Lodz housing market facing an oversupply of apartments?

Over the last 4 months, developers in Łódź have significantly sped up, and the city stands out both in terms of new supply and...

CEE Region to Experience Revival in Second Half of 2024

Revival in Central and Eastern Europe in the second half of the year, depending on the reduction of interest rates in the euro zone. The...

China’s Economic Rebound Falters, Highlighting Weaknesses and Future Challenges

As predicted by Allianz Trade, China's GDP growth in 2023 reached +5.2%, surpassing the (easy) official target, but also reflecting weaknesses, including persistently low...

The dollar isn’t so weak – again above 4 PLN

In recent days, the dollar dropped below 4 PLN, only to spring back above this level. Surprisingly, despite expectations of the dollar decreasing this...

The Furniture Industry in Poland – From Boom to Crisis

The Polish furniture industry, rich in history and tradition is currently facing significant challenges due to dynamic economic, technological, and geopolitical changes. Previously the...

Uncertainty Over Housing Market in 2024: New Program Could Drive or Suppress Prices

"If the new housing program announced by the government is rationally calibrated, there is a chance that in 2024 the increase in apartment prices...

Affordable Housing Still Out of Reach for Many Poles

Record-breaking property prices mean that an increasing number of Poles cannot afford to purchase a new apartment or house. As many as 62% of...

Nvidia Lifts Market Spirits, Crude Oil Stuck at Lows

In theory, the local event of Tuesday's session will be the decision of the Monetary Policy Council (RPP) concerning interest rates. However, no one...

Converting Office Buildings into Residential Units: A Solution to Poland’s Housing Shortage?

In the USA and Western Europe, there's an increasing number of projects associated with converting office spaces into residential ones. In Poland, these are...

Implications and Challenges of a New Housing Support Program

The "Safe Mortgage 2%" program, suspended since January 2024, is expected to be replaced in July by a new one called "Start-Up Flat". Experts...

Polish Industry Struggles with Recession and Weak Demand, but Analysts Forecast a Bounce Back in 2024

In December, the PMI index for Polish industry fell for the first time in four months. The ongoing decline in the volume of new...

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...
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