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Selected tag: labour market
5 days ago
For the MPC, caution prevails over macroeconomic indicators
Not a lot going on this week. The macro calendar will be empty until Friday. The end of the week brings the release of final CPI data and monthly balance of payments for April.
1 week ago
Perfect conditions for rate cuts in Poland
Macro Compass June 2025 - our macroeconomic forecasts for Poland, preview of monthly data readings and the expected scenario of events on the financial markets
3 weeks ago
Unexpected shifts in Poland's labour market
For the first time in several months, we saw a significant surprise in both key labor market indicators. Wage growth exceeded expectations by more than 1.0 percentage points, while employment brought a positive surprise of a modest 0.1 percentage points.
5 weeks ago
Awaiting the first rate cut in Poland since 2023
Macro Compass May 2025 - our macroeconomic forecasts for Poland, preview of monthly data readings and the expected scenario of events on the financial markets
1 month ago
Solidly stable March in the Polish labor market
March was a quiet month for the labor market. Wage growth stabilized at 7.7% yoy, similarly to February's reading (7.9%), which in our opinion is a crucial signal for the Monetary Policy Council. Employment growth did not surprise either, stabilizing at -0.9% yoy.
2 months ago
US tariff policy steals the show
Macro Compass April 2025 - our macroeconomic forecasts for Poland, preview of monthly data readings and the expected scenario of events on the financial markets