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Selected tag: investment
3 weeks ago
Spring in the summer: some good news from Poland’s real sphere
July data from the Polish economy look fairly positive. Today, Statistics Poland (GUS) reported a 2.9% yoy increase in industrial production (above consensus) and a 0.6% yoy rise in construction output. In particular, signs of revival are visible in residential construction. Thus, the third quarter begins on a slightly optimistic note, though it is still too early to assess how GDP growth may be shaping up in the summer months.
3 months ago
Poland imports more than ever — from goods to capital
Today, the key release will be Poland’s core inflation, although the upcoming week will be dominated by news from the US. Tomorrow we will see US retail sales and industrial production data, while Wednesday will bring the Fed’s interest rate decision. The end of the week should be quiet due to Thursday’s holiday in both Poland and the US.