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.
Tag: inflation
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.
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.