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
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
In accordance with the today's GUS reading, GDP growth rate in Q2 amounted to 3.9% YoY vs. 4.0% in Q1 and thus was in line with the previously published flash estimate. The quarterly dynamics of seasonally adjusted GDP ... More
In accordance with GUS data published today, nominal wage growth in the sector of enterprises employing more than 9 persons dropped to 4.9% YoY in July vs. 6.0% in June, running below our ... More
In accordance with the today's GUS flash reading, GDP growth rate in Q2 dropped to 3.9% YoY vs. 4.0% in Q1 and thus was in line with our forecast and above the market consensus (3.8%). The quarterly dynamics of seasonally ... More
In accordance with the final GUS data, CPI inflation in July has increased to 1.7% YoY vs. 1.5% in June, running in line with the flash estimate by GUS and above our forecast, which was equal to the market consensus ... More
PMI for Polish manufacturing dropped to 52.3 pts in July vs. 53.1 pts in June, running below our forecast (53.0 pts) and the market consensus (53.3 pts). The ... More
In accordance with GUS data, dynamics of sold production of industry in enterprises employing more than 9 people dropped to 4.5% YoY in June vs. 9.1% in May, which was above the market consensus (3.8%) and ... More
In accordance with GUS data published today, nominal wage dynamics in the sector of enterprises employing more than 9 persons rose to 6.0% YoY in June vs. ... More