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...
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...
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...
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...
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,...
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 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...
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 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...
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...
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 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...
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...
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...
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...
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...
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...
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...
Poland is one of the biggest beneficiaries of EU membership. Within 15 years, GDP...
1 May marked the 15th anniversary of Poland's accession to the structures of the European Union. As Marek Prawda, Director of the European Commission...
Growing importance of the F&B sector in Poland
Spending on eating out in Poland has risen by more than 20% over the last five years. Based on data from Oxford Economics, food...