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Poland’s 2024 Budget Revision and 2025 Deficit Forecast: Challenges and Opportunities

In late October, the Polish government announced...

2024: A Year of Missed Opportunities for Deregulation in Poland

The year 2024 was supposed to be...

USA-China Tensions Transform Global Market

After the U.S. elections, relations between the...

Tag: VAT

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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...

Interest Rates on Hold in Poland: Cuts Possible Later This Year?

As expected, interest rates in Poland have remained unchanged, and all signs indicate that the rates will stay at the same level until the...

Inflation surprises! Has the NBP overdone it with monetary tightening?

Today's inflation reading can be best summarized with one word - surprise. The central bank's policy of keeping interest rates high is effectively stifling...

There’s no such thing as a free weapon… – how to finance the defense expenditures

How to finance the defense expenditure of EU member states increased to 2% of their GDP? Three options: budget cuts, debt financing, tax increases....

Every sixth person working in IT considers changing their specialization to AI-related

Since the beginning of 2024, candidates have typed the phrase “AI” into the job search engine on the No Fluff Jobs portal over 89.3...

Central Bank Decisions Shake Up Currencies: Dollar Shines, Zloty Holds Steady

Last week was rich in central bank decisions, not all of which were in line with expectations. Among the major currencies, the dollar shined...

Inflation Dips in February, But Resurgence Looms on the Horizon

Inflation dropped to 2.8% year-on-year in February. However, the victory is modest if we compare the price increase to the situation of a year...

Easter feast gets cheaper, but higher VAT looms for Easter Monday

For the first time in 3 years, food is cheaper this Easter than it was a year earlier. The basket of the 10 most...

Easter Shopping: Modest Price Increases Expected, But Watch Out for Shrinking Packages

The authors of the report titled "Index of Prices in Retail Stores" predict that the prices for basic shopping will rise on average by...
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