Only rhetoric and shields from the reckoning are temporary
In Poland, the energy shield withdrawal brings prices for house energy to rise, core to increase, and CPI to remain at elevated levels.
In Poland, the energy shield withdrawal brings prices for house energy to rise, core to increase, and CPI to remain at elevated levels.
In Poland, construction output (-8.9% YoY ) was weaker than expected, while retail sales data indicates that sentiment remains cautious.
GDP growth in Q2 2024 was close to 3% YoY only thanks to consumption. Solid market economy will be back only upon the expiration of minimum wage policy.
Despite the deficit in May, a current account surplus of 0.8% of GDP is forecasted for 2024 thanks to the EU support and domestic demand.
Poland faces an increasing influx of refugees trying to reach EU countries via Belarus, hence the possibility of closing and guarding the 418 Km of border.
80% of respondents have used biometric security measures, and almost all individuals between the age of 18 and 25 have experience with biometrics.
Krakow UJ has developed a system that exploits neural networks with AI answering within a minute and is looking for clinical use as soon as possible.
In 2023, EUR 7.4 bn FDI flowed into Poland, making it the sixth-largest industrial real estate in Europe with the third-lowest unemployment rate.
In Poland, the increase in core inflation remains a problem. The return of market electricity prices won’t leave room for rate cuts.
In Poland, talent and logistics, not least the future investments by TSMC and Intel, were emphasized as key assets at the recent business mission to Taipei.