Trust hangs on credibility, with growth stability at risk
A GDP contraction of –0.3% is predicted for this year in Lithuania, with +2.7% growth in 2024. Inflation to decrease more slowly than expected.
A GDP contraction of –0.3% is predicted for this year in Lithuania, with +2.7% growth in 2024. Inflation to decrease more slowly than expected.
Poland will temporarily stop all imports of grain from Ukraine. How additional restrictions to free markets would now improve the outlook?
Uncertainty is the key factor in Estonia’s GDP forecast, which is built on the back of the 2022 downturn: energy and consumer prices, purchasing power, and business confidence.
Brussels wants to get tougher with Beijing over an economic and trading relationship: are anti-coercion instruments an option on the table?
The Polish industrial production fell 1.2% YoY, with GDP growth down to 1% in Q1. Wages continue to feed inflation, putting pressure on real disposable incomes.
The rapid growth in wages drives domestic inflation. While higher energy prices, reduced access to raw materials, and weaker demand hamper exports.
While the global economic situation is deteriorating, the focus should be reversed on GDP growth and net exports, targeting core inflation.
The EU ban on Russian oil products leads to a major shift: China secures a long-term supply and sells refined products globally at higher margins.
While analysts predict disinflation, Poland faces increasing energy prices for households linked to higher indirect tax rates. And food prices continue to rise.
In Estonia, consumers have not been able to keep pace with inflation in recent months, and retail sales volumes have started to fall.