NBP Governor turns more dovish

As we expected, the Monetary Policy Council has left interest rates unchanged today (the reference rate amounts to 1.50%). ... More

Global recovery boosts Polish manufacturing

Business sentiment in Polish manufacturing (PMI) dropped to 54.2 pts in February from 54.8 pts in January, running markedly above the 50 pts threshold dividing expansion from contraction of activity. ... More

Polish enterprises started investing

Business sentiment in Polish manufacturing (PMI) rose to 54.8 pts in January from 54.3 pts in December, running markedly above our forecast (53.7 pts) and the market consensus (54.0 pts). ... More

This is the end of economic slowdown

In accordance with the flash estimate, released by GUS today, GDP in Poland rose by 2.8% in 2016 vs. 3.9% in 2015, which was slightly above the market expectations (2.7%). ... More

Is this the end of the slowdown?

In accordance with GUS data, sold production of industry in enterprises employing more than 9 people rose by 2.3% YoY in December vs. a 3.3% increase in November, which was below our forecast (3.0%) and above the market consensus ... More

Real wage growth lowest since August 2013

In accordance with GUS data published today, nominal wage dynamics in the sector of enterprises employing more than 9 persons dropped to 2.7% YoY in December vs. 4.0% in November, running below our forecast ... More

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