Christine Lagarde nominated for ECB presidency
The EU heads of state have come up with a list of nominees to head the European institutions. The chairwoman of the IMF, Christine...
In 2018, the CIT gap was PLN 22 billion – Poland’s annual spending on...
In 2018, the CIT gap was PLN 22 billion, 35 per cent less than in 2014. At the same time, CIT accounted for 5...
Experts Divided on Poland’s Inflation Outlook
The dynamics of price growth in stores continues to decline. However, experts are unable to determine whether this trend will continue. They claim that...
Poland’s Central Bank lowers interest rates by 25 basis points, but inflation may rise
The National Bank of Poland's key interest rate, the reference rate, has been decreased by 25 basis points to 5.75%. This is the second...
Responsibility, Action and Solidarity is urgently required to protect businesses, society and our economy
European society is facing an extraordinary challenge from the outbreak of COVID19. Our sympathies are with the families of those who have already lost...
CEE: The worst is behind us, but the recovery will be mild
The time of opportunity has arrived in Central and Eastern Europe. It seems that the region hit its lowest point in the third...
Inflation in Poland finally single-digit, but only thanks to fuel price freeze
Poland manages to bring inflation to single digits. This is considered a success considering that it required freezing fuel prices. The US dollar continues...
PMI Index has risen, but prospects for the industry remain uncertain
In September, the PMI index increased from 43.1 to 43.9 points. Despite this improvement, the situation in the European industry remains challenging. Poor performance...
Local Governments in Poland Face Financial Challenges
For the past four years, local governments have been forced to patch increasing gaps in their budgets. Decreasing revenues from PIT tax, the pandemic,...
Inflation in Poland is artificially lowered by 5-6 percentage points.
"In Poland, inflation is artificially deflated by 5-6 percentage points. Instead of 8%, we would have inflation at the level of 13%. Inflation is...
Polish Zloty Continues to Strengthen, Czech Inflation Falls, Turkish Unemployment Hits Multi-Year Low
The Polish currency continues its strengthening march for another day. The Czechs are winning against inflation, and in Turkey, despite rampant inflation, we see...
Poland’s PMI Index Points to Slowdown, but Labor Market Remains Strong
The market is in a surprising situation. Business sentiment indices directly point to an upcoming slowdown. On the other hand, the labor market is...
Tech-led recession is unlikely, it employs too few people
LAYOFF: High profile tech sector layoffs, from Amazon to Twitter, have surged to 135,000 globally at 850 companies and investors are worried about a...
Business bankruptcies in Poland on the rise, warns economist
The war in Ukraine, despite breaking out a year and a half ago, remains a significant factor not only for humanitarian reasons, but also...
China’s Communist Party Congress comes at key time for the nation
The upcoming Communist Party Congress, which takes place every five years, starts on October 16. The twentieth such congress is set to give President...
Inflation in Poland is Single-Digit
In September, inflation finally fell to single digits, reaching 8.20% year on year. This is significantly below the forecast of 8.50%. Therefore, inflation registered...
Inflation in Poland is dropping rapidly
Per preliminary data from the Central Statistical Office of Poland (GUS), inflation in September suddenly dropped to a single-digit level, falling to 8.2 percent...
Inflation returns, central banks must remain vigilant
Several major central banks have halted interest rate hikes. This does not mean they are about to start lowering them, with fears about a...
EBC facing a tough choice. Correction on the dollar?
Looking at September's inflation data, there must be considerable confusion at the European Central Bank. Depending on where one looks, arguments can be made...
After the storm or before the storm? What about the exchange rate of the...
This Wednesday (04.10), the Monetary Policy Council will make another decision regarding monetary policy. After the reduction in September, we are likely expecting another...
Polish companies becoming increasingly aware of cyber threats associated with AI
Artificial intelligence (AI) can be used both for cyberattacks and for defending against them. According to a study by EY - "How Polish Companies...
Polish industrial market 2023 overview and outlook for 2024
Poland's industrial sector slowed in 2023, but the market hopes to rebound in 2024. After the peak of take-up and supply in the so-called...
The office market is adapting to the new reality
Demand for offices remains high, but there is the least amount of space under construction in over a dozen years. The office real estate...