macropulse

• Polish manufacturing sees a surprising increase in production backlogs

  01.10.2025

  Polish manufacturing PMI rose from 46.6 pts in August to 48.0 pts in September, exceeding market expectations, which were in line with our. ...

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• Sales growth slows in line with expectations

  22.09.2025

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

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• onstruction and assembly production at its lowest since 2021

  18.09.2025

  According to data published by Statistics Poland (GUS), the volume of industrial production sold by enterprises employing more than 9. ...

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• Inflation above the flash estimate by Statistics Poland

  15.09.2025

  In accordance with the final data released by Statistics Poland (GUS), CPI inflation in Poland came in at 2.9% YoY in August. ...

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• MPC cuts rates and flags inflation risks

  03.09.2025

  Today, the Monetary Policy Council decided to cut interest rates by 25bp, with the NBP reference rate now standing at 4.75%. ...

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• 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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