Inflation goes up and economic growth slows down

In accordance with GUS data, CPI inflation went up to 2.9% YoY in July vs. 2.6% in June, running in line with the GUS flash estimate and significantly above our forecast (2.5%) and the market expectations (2.7%)...

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The constructors’ Eldorado has come to an end

According to GUS data, the construction-assembly production dynamics dropped to -0.7% YoY in June vs. 9.7% in May, running significantly below our forecast (3.0%) and the market expectations ... More

Real wage growth rate slowest since April 2017

According to GUS data published today, nominal wage dynamics in the sector of enterprises employing above 9 people amounted to 5.3% YoY in June vs. 7.7% in May, running significantly below ... More

Increasing cost pressure in the Polish economy

In accordance with GUS data, CPI inflation went up to 2.6% YoY in June vs. 2.4% in May, running in line with the GUS flash estimate equal to our forecast and above the market expectations (2.4%). ... More

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