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.
Tag: inflation
2024-07-13
Summer relax to be the swan’s song before the storm?
Despite the consumer basket being 2.5% more expensive YoY, inflation expectations have fallen – only waiting for energy prices to climb for seasonal reasons.
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.
2024-05-25
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.
2024-05-18
Bank loans are the fire burning under the ashes
Difficulties in repaying loans can be a serious worry for households and businesses as the risks coming from Sweden are still high.
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.
2024-04-06
Without shields, it’s the cooler inflation that will prove temporary
In Poland, the MPC will stick to its cautious approach and refrain from monetary easing this year: CPI inflation will start climbing again.
2024-03-30
Optimism lies only in the news, weak performance persists
Latvia’s economy is projected to be sluggish: labour costs present risks to growth and competitiveness, while fuelling inflation.