Unlocking funds from the National Recovery Plan: A critical task for the new Polish...
Unlocking funds from the National Recovery Plan will be one of the most critical tasks for the new government. There is very little time...
Crude oil approaches $100 per barrel
Crude oil was one of the factors that significantly contributed to the global problem of excessive inflation. When Russia attacked Ukraine, supply uncertainty led...
Inflation in the Eurozone drops significantly
A significant drop in inflation in the eurozone. According to the preliminary reading in September, the Consumer Price Index (CPI) inflation in the eurozone...
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...
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...
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...
US Producer Inflation Unexpectedly Rises, Blurring Picture for Fed
US producer inflation surprised negatively, rising by 2.20% Y/Y (forecast 1.60%) and 0.50% M/M (forecast 0.30%). The main factors for this increase include the...
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...
Market Consensus Favors No Change in Polish Interest Rates, Analysts Leave Door Open
The market seems to agree that interest rates in Poland should remain unchanged. Still, analysts leave the door open. The dollar continues to strengthen,...
Brazil readies to go back to the future
ELECTION: Brazil’s presidential and congressional election campaign started last week. Leftist ex-President Lula is favorite to regain power in an October 30th run off, but...
Interest rates in Poland remain unchanged
Interest rates in Poland have remained unchanged. As forecasted in the last NBP conference, they are likely to stay in "stand-by" mode until the...
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...
Uncertain global situation and the Polish economy
The Swiss company ABB plans to cease production in its low-voltage electrical apparatus factory in Kłodzko by the end of 2024. About 600 employees...
Inflation in Germany and Spain remains high
Spain's CPI inflation has risen once again. This time, however, it is a rather significant rise, mainly due to the increase in electricity and...
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...
Will Recession Fears Trigger a Dovish Turn from the ECB?
Significant changes in the economic environment since the October meeting suggest that the European Central Bank may adopt a more dovish tone this Thursday....
Polish Central Bank Maintains Status Quo as Inflation Outlook Clouds
This time, as expected, the Monetary Policy Council has kept interest rates unchanged. In November, we had a surprise, as it was expected that...
Polish central bank cuts rates again
At the meeting in October, the Monetary Policy Council lowered interest rates by 25 basis points, hence starting from Thursday the reference rate will...
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...
Polish inflation holds steady. Suez Canal blockade fears loom
November turned out to be the first month since February when the pace of price increases did not slow down. On the other hand,...