2024-02-27
People don’t buy it, the air balloon doesn’t fly
Despite the wage gains in the region and retail sales up to 3%, Polish households remain cautious when making purchasing decisions.
Tag: inflation
2024-01-20
There’s no space for real growth with accommodating NBP
In a deteriorating context, NBP faces the pro-inflationary impact of fiscal easing, regulatory decisions, and the uncertain economic outlook.
2024-01-09
Only hope remains when market distortions are even stronger
Market expectations of rapid disinflation remain, but underlying risks come from commodity costs, monetary supply, and trade protectionism.
2023-12-23
The fire looks smaller, but the ashes keep burning
The core inflation is persistently higher than headline, while expansionary fiscal policy increases the pressure and weaken the competitiveness.
2023-12-16
Real growth need focus and free markets, not smoke
The current decline in Estonia’s exports is more a reflection of the weakness in foreign markets and the problems with competitiveness.
2023-11-28
Poland under scrutiny: money value and elections at stake
CEE inflation remains markedly higher than in the West, and is unlikely to get back on track till late-2025.
2023-11-18
Despite growth bouncing back, the core of inflation remains
GDP growth to be close to 2% YoY in 4Q23 and around 0.4% for the whole year, but the level of core prices stands still (8%).
2023-11-04
Election the game changer: from waste to wealth?
The transparency in public finance is key for better controlling public spending: with 5.5-6% of GDP Warsaw has the highest deficit in the EU.
2023-10-24
Digital euro is on the way: trick or treat?
CBDC aren’t necessary, digitalization and ease are already here. What’s missing is a competitive free market transmission mechanism.
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.