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.
While the global economic situation is deteriorating, the focus should be reversed on GDP growth and net exports, targeting core inflation.
Estonia is pushing to close work on the wall on the south-eastern front, while Poland has finished building the fence on the border with Belarus.
While analysts predict disinflation, Poland faces increasing energy prices for households linked to higher indirect tax rates. And food prices continue to rise.
Ze Pak and Korea Hydro & Nuclear Power will assess the feasibility of building four 1,400-megawatt nuclear reactors in central Poland, using South Korean technology.
The Polish government is desperate to see the new measure passed, as it’s key to getting €36 bn from the EU’s recovery fund with elections at stake.
The Polish government is reportedly working on a retreat on the judicial disputes costing €35 billion in grants and loans, plus a €1 million a day fine.
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.
In Poland, organic food is going to reach 10% market share by 2030, while natural and organic cosmetics segment has been increasingly recognised.
Warsaw will raise its target defence spending to 5% of GDP. Whether acting as buffer from Russia will translate into political influence is another matter.
In 2021 and Q1 2022, the Polish metals and steel sector rose with elevated growth and profits, followed by additional purchases at the brick of the war.