Food prices spurred inflation

In accordance with the final GUS data, CPI inflation in September has increased to 2.2% YoY vs. 1.8% in August, running in line with the flash estimate by GUS and significantly above the market consensus, which was equal to our ... More

MPC waiting for rebound in investments

As we expected, the Monetary Policy Council has left interest rates unchanged today (the reference rate amounts to 1.50%). The MPC maintained the view that "given the available data and forecasts, the current ... More

Labour shortages limited production growth

Business sentiment indicator for Polish manufacturing (PMI) rose to 52.5 pts in August vs. 52.3 pts in July, running below our forecast equal to the market consensus (53.0 pts). ... More

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