Tag: VAT

Central Eastern Europe: Inflation is back on the rise

The disinflationary trend in Central Eastern Europe (CEE) has come to an end. Allianz Trade expects inflation to pick up again and exceed...

Core inflation in Poland is declining slower than expected. Bitcoin rebounds

Despite recent successes measured by consumer inflation, there are still some warning signs in Poland. One of them is core inflation, which is currently...

Ministry of Finance Reports Budget Deficit of 39.9 Billion PLN in Poland (as of April)

The budget deficit after April amounted to 39.9 billion PLN, the Ministry of Finance announced in a statement. As noted, this is 21.7% of...

Inflation in Poland Rises to 2.4% Year-on-Year in April, Confirming Previous Estimates

The prices of goods and consumer services in April this year increased by 2.4% compared to the same month last year, while in March...

Assessing Poland’s Multiannual Financial Plan for 2024-2027

In the coming years, the government will face challenges including the continuously rising national debt, a deepening demographic crisis, a faster increase in labor...

Interest rates in Poland remain unchanged

Interest rates in Poland have remained unchanged, which is another consecutive decision since October to maintain interest rates at the same level. Furthermore, economists'...

Rising Core Inflation and Wage Growth Drive Concerns Over Consumer Price Inflation

The high dynamics of core inflation, mainly driven by domestic factors such as wage growth and pent-up demand, will fuel the rising consumer price...

Wall Street Ends Mixed, Crude Oil Rises on Falling U.S. Inventories Ahead of Inflation Data

Wednesday's session on Wall Street yielded mixed results for stock indexes. While the Dow Jones Industrial Average gained 0.4%, the Nasdaq Composite lost 0.2%,...

The Monetary Policy Council in Poland Unlikely to Find Reasons for Rate Cuts Soon

Today, we will learn about another decision by the Monetary Policy Council regarding interest rates. Market consensus assumes that the rates will remain unchanged...

Inflation Trends in Poland: RPP’s Response and Global Economic Outlook

April's inflation reading in Poland showed the first increase in the main measure since February 2023, largely attributed to the return of the 5%...

Deposit System in Poland Gets Closer: VAT Exemption, Tracking Mechanism Proposed

The Polish Parliament (Sejm) is soon to address a new bill concerning the deposit system, the launch of which is planned for January 2025....

April CPI Inflation in Poland at 2.4% Year-on-Year, Aligns with Market Expectations

The CPI inflation rate in April was 2.4% year-on-year. This reading is in line with market consensus. At the same time, inflation began to...

Record High Insolvency of Polish Companies in the First Quarter of 2024

Despite optimistic forecasts at the end of 2023, the first three months of the current year have led to the insolvency of as many...

Early season start and VAT increase bring challenges for Polish fruit and vegetable producers

Warm temperatures in March and April caused this year's season in orchards and plantations to start much earlier than in previous years. "However, there are...
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