Poland: Buoyant growth allows MPC to focus on fighting inflation
In the first quarter, Poland’s GDP went up by 8.5% year-on-year vs. 7.6% year-on-year in 4Q21. This is in line with our estimate and above market…
Poland: Moderate hike but more to come
The inflation risk, mentioned by the National Bank of Poland governor a month ago intensified, so a 75bp hike (instead of 100bp) should not be seen as a…
Poland: Impressive rebound in construction in January
January figures on the real economy (industry, retail, construction) suggest buoyant economic growth in Poland at the beginning of 2022. The chances of…
High inflation in Poland is not only due to external price shocks, but is also a consequence of expansionary economic policy in recent years
Anti-inflation measures should temper a peak in CPI in 2022, but rising costs, strong consumer demand and a tight labour market mean elevated inflation…
Poland announces new anti-inflation measures
Poland: Strong fiscal push in 2022; timid MPC response to CPI
Poland: Is the PLN weakness a real constraint for further monetary and fiscal…