
poland economy
Articles related to poland economy


Lack of customers forces cost cuts and workforce reductions. Armaments did not save Polish factories

Polish economy grows 3.4% YoY. Consumption holds growth, but risks rise

Euro EUR/PLN rate stable, euro-dollar falling. Trump gives the EU until July 4

Poland’s Strong Consumption and Investment Point to Robust Growth with Mild Inflation Outlook
Combine rebounding investment with continued strength in private spending and you have a recipe for stronger economic growth. October's set of data suggests that GDP growth in the fourth quarter is likely to beat the 3.7% year-on-year rate posted in the third. At the same time, inflation is declining, which paves the way for another rate cut in December

Poland’s Strong September Industrial Output Boosts Near-Term Outlook, but Manufacturing Uncertainty Keeps NBP Cautious
Poland's industrial output surprised positively in September, but the outlook is uncertain as some auto producers plan plant closures and production pauses by the end of 2025. Wage growth in services is easing; employment is falling amid labour shortages. Policymakers may await more data before resuming rate cuts in 2026

Zloty Holds Firm Despite Global Turmoil, Supported by Strong Carry and Solid Growth Outlook
Some of the best performing currencies in the CEE region have started to hand back some of their gains as markets question whether central banks will have to turn more dovish. That's particularly been the case in Hungary. However, our call is that rate cuts are delayed, and the forint can continue to enjoy carry trade interest. CZK and ZAR should also do well

Polish Retail Sales Rebound in July, Supporting Stronger Consumption Outlook
Retail sales in July rose by 4.8%YoY in Poland, rebounding from June’s weaker 2.2% figure. The June dip was a one-off weakness and most likely reflected a temporary shift in consumer spending from goods to services, driven by increased travel and hospitality outlays during the Corpus Christi long weekend

Poland: Weak Industry and Construction, Softer Wages Open Door for Rate Cuts
July's macro data bolsters the case for the National Bank of Poland to continue its monetary easing path. Growth in industry remains slow, construction is still stagnant, wage increases have eased, and the employment decline has deepened. We expect a 25bp cut in early September, with the policy rate falling to 4.25% at the end of 2025 from the current 5.00%

Polish economy proves its resilience with only minor GDP contraction in the first quarter

Poland: CPI inflation slowdown confirmed, but core remains elevated

Poland’s CPI inflation down in April on food prices

Poland’s labour market cools but wage pressures persist

Surprising surpluses in Poland’s current account and trade balance
