2023-06-20
The more inflation, the less competitiveness
The tight labour market increases the risk that inflation will remain higher and growth lower, and the rising borrowing costs will weigh on investment outlooks.
Tag: inflation
2023-06-17
Public money only makes inflation more persistent
Despite Poland’s core inflation picture being the least favourable in the region, the government released a plan to increase permanent spending.
2023-05-23
Low competitiveness is the price for a persistent core inflation
In Estonia, the price of electricity in April was 29% higher than the previous month. While GDP is expected to decline by 1.2% this year.
2023-05-13
Forget overnight fix, wages still pump air in the balloon
Elevated inflation reduces purchasing power and increases the risk of low investment and deteriorating competitiveness.
2023-05-06
Rate cuts are unlikely, as the context is odd
High inflation has translated not only into a decline in real purchasing power, but also in construction- (-1.5%) and industrial production (-2.9%) drops.
2023-04-29
Even the brightest hope cannot deny a harsh truth
Despite the optimistic forecast, inflation in Latvia remains among the highest in the euro area. Investment growth prospects have not improved.
2023-04-15
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.
2023-04-11
Free market competition thrives productivity and cuts inflation
Poland will temporarily stop all imports of grain from Ukraine. How additional restrictions to free markets would now improve the outlook?
2023-04-01
With artificial high prices, sales and growth slow down
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.
2023-03-11
Pumped-up wages only eat into competitiveness and money value
The rapid growth in wages drives domestic inflation. While higher energy prices, reduced access to raw materials, and weaker demand hamper exports.