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Tuesday, March 5, 2024

Economics

Polish PMI again down, but problems may go deeper

A further decline in orders and poor data from industry resulted in a deterioration of business sentiment in late 2024. This weakens the willingness...

Forecasts 2024: Fewer tax changes

In recent years, we have become accustomed to numerous changes in tax law coming into force on the first of January. New legislation was...

Poland bucks global investment downturn trend

After a sharp decline in 2020 and a strong recovery in 2021, global direct investment in 2022 fell by 12% to $1.3 trillion.  According to...

Polish bank BGK steps into Rwandan market

BGK's pioneering loan will support Rwanda's development. The Polish Development Bank (BGK) has provided direct financing to the Rwandan state treasury for the purchase of...

Monthly review of the economic situation in Poland – regions and sectors

The Polish Chamber of Commerce summarizes GUS data on the economic situation of the provinces and industries in January-September 2023. Unemployment At the end of September...

Patchwork capitalism in CEE

Below are some of the highlights from the SGH and Economic Forum Report, a cyclical publication that since 2018 has summarized the most important...

Sharp, Long-lasting Slowdown to Hit Developing Countries Hard

2023 global growth to slow to 1.7% from 3% expected six months ago, according to World Bank latest forecast. In Poland in 2023, economic...

EC lowered its forecast for Poland’s GDP

On Friday 11 November, the European Commission lowered its forecast for Poland's GDP growth in 2022 from 5.2% to 4.0%, and in 2023 from...

Poland’s macroeconomic situation in the new context

Poland’s macroeconomic situation in the context of war in Ukraine should be analysed from a few perspectives. First, direct economic impact. That is in fact...

Misty economic perspectives for 2022

Forecasts are always subject to the risk of uncertainty and in the present conditions they are particularly reminiscent of fortune-telling from tea leaves. Economists...