2024-11-30
Construction investments are only the tip of the iceberg
In Poland, the construction sector remains in a deep recession (-9.6% YoY in October). The first signs of a recovery are expected in 2025.
Tag: construction
2024-09-24
The future of hospitality lies in harmony with nature
330-meters long, with 9 floors and 447 rooms, the longest hotel in Europe in Silesian Beskids can accommodate up to 1k guests.
2024-08-24
Only real growth and exports will set solid standards
Economic growth is still based on one pillar, and that’s consumption. With a persistently high core inflation, the question is: for how long?
2024-08-13
The care of tradition is fundamental to the future
Estonia has about twenty historic properties on the market: stately buildings are cheaper though subject to obligations and complications.
2024-04-23
Wealth thrives with efficient production and market salary
Timid manufacturing alongside a recovery in demand indicates weak exports, while pro-social government policies pump wages at the expense of productivity.
2023-10-21
Hope dies last, but doesn’t clear the dark clouds
Despite the decline in manufacturing, ING sees encouraging signs. However, wage growth leaves no space for doubt: the double-digit core inflation will stay.
2023-07-01
Risks grow in line with wages and expansionary fiscal policy
In Poland real interests are negative, and core inflation is still at the highest levels. Industrial output (-3.2%), construction (-0.7%), and retail sales (-6.8%) are all falling.
2023-05-06
Rate cuts are unlikely, as the context is odd
High inflation has translated not only into a decline in real purchasing power, but also in construction- (-1.5%) and industrial production (-2.9%) drops.
2022-12-17
Supply chain improvement is just a timeout: energy is 60% higher
In Poland, the risk of annual growth falling to negative is high. And building construction will be one of the weakest spots of the domestic economy in 2023.
2022-11-01
Poland of steel: deterioration offset by growth and profit
In 2021 and Q1 2022, the Polish metals and steel sector rose with elevated growth and profits, followed by additional purchases at the brick of the war.