macropulse

• Consumption drives economic growth while investment declines

  02.09.2025

  In accordance with Statistic Poland’s (GUS) final estimate, GDP growth in Poland increased from 3.2% YoY in Q1 to 3.4% YoY in Q2. ...

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• The outlook for demand for durable goods remains favourable

  25.08.2025

  In accordance with the data published by Statistics Poland (GUS) today, nominal retail sales growth rate reported by businesses with more than 9 employees. ...

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• Inflation within tolerance band around inflation target

  14.08.2025

  In accordance with the final data published by Statistics Poland (GUS), CPI inflation in Poland declined from 4.1% YoY in June to 3.1% in July. ...

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• Private consumption as the main driver of the acceleration in GDP growth

  13.08.2025

  In accordance with Statistics Poland’s (GUS) flash estimate, GDP growth in Poland increased from 3.2% YoY in Q1. ...

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• Cautious optimism in Polish manufacturing

  01.08.2025

  The Polish manufacturing PMI rose from 44.8 pts in June to 45.9 pts in July, in line with market expectations and below our forecast (47.4 pts). ...

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• Slowing growth in durable goods sales

  22.07.2025

  In accordance with the data published by Statistics Poland (GUS) today, nominal retail sales growth rate reported by businesses with more than 9. ...

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• Automotive industry enters the recovery phase

  21.07.2025

  In accordance with data published by Statistics Poland (GUS), the sold production of industry in enterprises employing more than. ...

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• Inflation on the home straight to its target

  15.07.2025

  In accordance with the final data published by Statistics Poland, CPI inflation in Poland went up to 4.1% YoY in June. ...

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• MPC cuts interest rates

  02.07.2025

  Today, the Monetary Policy Council decided to cut interest rates by 25bp, with the NBP reference rate now standing at 5.00%. ...

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• Relax, it’s just some turbulence

  01.07.2025

  Polish manufacturing PMI went down from 47.1 pts in May to 44.8 pts in June, thereby printing markedly below the market expectations. ...

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