2022-04-16
Appreciation is not enough in the fight against inflation
The Bank of Poland takes its main rate to 4.5%, projecting 6.5% this year and 7.5% in 2023. Meanwhile, companies are passing higher costs on to CPI.
Category: Economic Policy
2022-04-09
Is the Green Dream postponed by Ukraine’s wake-up call?
As coal has the biggest potential to lower gas demand, Poland wants to use it to produce electricity after 2049 to bolster its energy security.
2022-04-02
Fighting fire with fire… it’s consumers who get burnt
The conflict in Ukraine has created another excuse to blame inflation on oil and natural gas, rather than the increase in the money supply.
2022-03-26
Simple focus on consumption propels air in GDP bubble
Household consumption will keep sustaining the Polish economic growth o\in 2022, and high producer prices will be passed on to final consumers.
2022-03-19
When growth is consumption-driven, inflation is the price
The Latvian economy already returned to its pre-pandemic level in 2021, only thanks to household consumption, wage growth and savings.
2022-03-12
War heats inflation on trade deficit and real growth
In Lithuania, the inflation rate reached around 11% in early 2022, and heating bills are expected to increase by 50% to 60%.
2022-03-05
Stimuli: productivity boost, or energy costs burning us out
Following a record GDP growth (8.5%) in 2021, the Estonian economy will slow in 2022, still maintaining a strong pace (+4%).
2022-02-26
Beware of Kaliningrad, the spearhead of the attacker in the Baltic
NATO’s Achilles heel in the Russia-Ukraine war. Beware of Kaliningrad, Russia outside Russia, a crossing point between Europe and the three Baltic countries.
2022-02-19
Lithuania: CAB down despite the good performance in services
Last December the surplus on the CAB contracted to €66.5 million due to a significant widening of the foreign trade deficit.
2022-02-12
Polish hawkish rhetoric sees hope in a stronger złoty
GDP and consumption booms continue, but price-wage spiral too, as consequence of expansionary economic policy in recent years.