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.
Tag: inflation
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.
2023-03-04
Free market competition to break the double-digit inflation
Central banks are normally cited as the entities who fix the economy by disinflation, not those who broke the market by causing inflation.
2023-02-25
Stability and export cut inflation and protect money value
While the global economic situation is deteriorating, the focus should be reversed on GDP growth and net exports, targeting core inflation.
2023-02-11
The clock is ticking, now it’s time for action
In Latvia, inflation increased by 20.8% YoY, with the annual rate at 17.3%. Disinflation likelihood is less than in the US, given the ECB delay in raising rates.
2023-01-28
Appearances are deceiving: inflation is in an upward trend
While analysts predict disinflation, Poland faces increasing energy prices for households linked to higher indirect tax rates. And food prices continue to rise.
2023-01-21
With production down and inflation, people are laid off
In Estonia, consumers have not been able to keep pace with inflation in recent months, and retail sales volumes have started to fall.
2023-01-07
Expectations are not enough with inflation out of control
Lithuania’s economy keeps growing (1.3% in 2023). But the stabilization is fragile, and the balance of risks is negative. The global outlook is worsening.
2022-12-31
Official narrative aside, upward inflation is over the horizon
The forecasts for Latvia see a persistently high degree of uncertainty. GDP is revised downwards to 2.1%, with a 5.6% contraction in household consumption.
2022-12-17
Supply chain improvement is just a timeout: energy is 60% higher
In Poland, the risk of annual growth falling to negative is high. And building construction will be one of the weakest spots of the domestic economy in 2023.