2024-07-23
Housing and sales are the measure of the consumer’s sentiment
In Poland, construction output (-8.9% YoY ) was weaker than expected, while retail sales data indicates that sentiment remains cautious.
Tag: export
2024-07-20
Poland: only less intervention will unleash the full potential
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.
2024-07-16
Thin air keeps blowing, as growth relies on public expenditures
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.
2024-06-18
Foundations, not taxation, give sustainability to the market economy
This year Lithuania will grow by 2% and accelerate to more than 3% in 2025-26 driven by consumption and exports. However, risks arise from demographics and taxation.
2024-06-15
Export and sound money are the keys to grow
The Estonian economy remained in recession in the first quarter, but Eesti Pank is more optimistic about the second half of the year as export rebounds.
2024-06-04
Rail Baltica is the bridge between North, East, and West
Rail Baltica is a fully electrified double-track railway, with a 249 km/h design speed, that will reduce times between the Baltics and the rest of Europe.
2024-05-25
It’s not assumptions, but the purchasing power that matters
In Poland, the increase in core inflation remains a problem. The return of market electricity prices won’t leave room for rate cuts.
2024-04-30
The future in the East shines for EUR-7.7-bn capital
The Polish-Korean Business Forum took place to strengthen the already solid business relations with a focus on high-tech, clean energy, and electric vehicles.
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.
2024-04-16
No discipline no growth: why fiscal rigor is necessary
The IMF recommends that getting competitiveness back on the track of growth needs decisive fiscal consolidation and increasing productivity.