USA-China Tensions Transform Global Market

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

Tag: VAT

Inflation in Poland 2.8%

On Friday, we had a big surprise when it came to the level of price increases. We have an unexpected slower growth. In Europe,...

Heat Pump Sales Slump in Poland, Industry Calls for Government Action

The previous year was not successful for the heating equipment industry - admits the Polish Organization for the Development of Heat Pump Technology (PORT...

NBP inflation outlook hinges on government measures. Eurozone industrial output falls short

On Monday, the National Bank of Poland (NBP) published two scenarios in its inflation report, depending on whether the government extends anti-inflation measures...

Polish Grocery Prices Rise, But Pace of Increase Slows Down

In February, prices in stores were on average 3.9% higher than a year ago. This is according to an analysis of nearly 60,000 retail...

Reduced VAT Rate on Food Ends in April: inflation will jump, budget will benefit

The Ministry of Finance announced yesterday the end of the reduced VAT rate on food. This decision was previously announced by Prime Minister Donald...

Cryptocurrencies in the SEC’s Crosshairs: Are They Headed for Regulation Like Stocks and Bonds?

Federal judges in the United States are analyzing whether cryptocurrencies should be subject to the same regulations as stocks and bonds. The outcome of...

NBP Revises Forecasts: Higher Inflation and Lower Growth Expected for Poland

The NBP (National Bank of Poland) is changing its forecasts for Poland. In November, it projected inflation at 4.6%, but now, given that anti-inflationary...

Poland’s Ministry of Finance: Reduced VAT on Food to End in March 2024

In light of the latest inflation readings and forecasts for the price dynamics of basic food items currently subject to a temporary 0% VAT...

Grocery Bills Rise: Daily Shopping Up 3.9% Annually in Poland (February 2024)

Analysis of nearly 60,000 retail prices has shown that daily shopping in stores increased by an average rate of 3.9% annually in February 2024....

Gold and Bitcoin are breaking all-time records. Why?

The price of the royal precious metal last week reached almost 2,200 dollars per ounce, setting a new record. Bitcoin also reached its all-time...

New EU Regulations: Transport Companies Face Duty for Correct HS Code Classification

Polish transport companies must prepare for changes introduced by new EU regulations; Responsibilities related to the classification of goods are changing, with attention...

NBP and EBC maintain interest rates unchanged

As expected, the National Bank of Poland (NBP) has left interest rates unchanged. The main interest rate stays at 5.75% for the fifth...

Inflation Hits Target in February, But NBP Unsure About Next Steps

Given that Wednesday's decision by the Monetary Policy Council to keep interest rates unchanged for the fifth time in a row (5.75%) was no...

RPP keeps rates unchanged. How does the market react?

RPP maintains interest rates as they are, continuing the policy since last October when the latest change in interest rates occurred. Today's decision was...
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