Technical or long-lasting recession?

MACROmap today:

  • Domestic data on industrial production and retail sales may weaken the PLN
  • NBP governor suggests quick end to rate hike cycle
  • EBC to raise interest rates by 25bp
  • PMI figures to show further economic slowdown in the Eurozone
  • Fitch to keep Poland's rating and outlook unchanged
  • Technical or long-lasting recession?

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