macropulse

• Production returning fast to pre-pandemic levels

  20.08.2020

  In accordance with GUS data, the sold production of industry in enterprises employing more than 9 people increased by 1.1% YoY in July vs. a 0.5% increase in June. ...

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• Situation in the labour market is gradually normalizing

  19.08.2020

  According to GUS data published today, nominal wage dynamics in the sector of enterprises employing more than 9 people rose to 3.8% YoY in July vs. 3.6% in June. ...

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• Polish economy is coping with the pandemic better than expected

  14.08.2020

  In accordance with the final GUS data, CPI inflation dropped to 3.0% in July vs. 3.3% YoY in June. ...

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• Abating impact of COVID-19 epidemic on Polish manufacturing activity

  03.08.2020

  Polish manufacturing PMI rose to 52.8 pts in July vs. 47.2 pts in June, running significantly above the market expectations (50.0 pts) and our forecast (49.9 pts). ...

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• Retail sales almost positive now, construction affected by lower investments

  21.07.2020

  In accordance with the Polish Central Statistical Office's (GUS) data that have been released today, retail sales in enterprises employing more than 9 people decreased. ...

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• Recovery in export branches, investments still doing poorly

  20.07.2020

  In accordance with the Polish Central Statistical Office's (GUS) data, the dynamics of sold production of industry in enterprises employing more. ...

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• Situation in the labour market is beginning to normalize

  17.07.2020

  According to GUS data published today, nominal wage dynamics in the sector of enterprises employing above 9 people rose to 3.6% YoY in June vs. 1.2% in May. ...

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• Inflation in Poland still affected by the pandemic

  15.07.2020

  In accordance with the GUS data, CPI inflation rose to 3.3% in June vs. 2.9% YoY in May, running in line with the GUS flash estimate and visibly. ...

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• Interest rates unchanged, unconventional tools still on the table

  14.07.2020

  As we expected, the Monetary Policy Council has not changed interest rates today (the reference rate amounts to 0.10%). In the statement after. ...

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• Polish manufacturing continues to shrink

  01.07.2020

  Polish manufacturing PMI rose to 47.2 pts in June vs. 40.6 pts in May, running above the market expectations (46.5 pts) and slightly below our forecast (47.3 pts). ...

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