
EU is looking for strong measures to stem China
Brussels wants to get tougher with Beijing over an economic and trading relationship: are anti-coercion instruments an option on the table?
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.
In Poland, organic food is going to reach 10% market share by 2030, while natural and organic cosmetics segment has been increasingly recognised.
In 2021 the USA was the main investor in the country. Last September, the deficit on the current account balance slightly narrowed.
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.