4November2025
Poland’s PMI rises again
Economic Analysis Daily
In today's Eyeopener:
- Today, no key data releases; the MPC meeting begins
- Polish manufacturing PMI slightly up, above expectations
- Credit market report: strong and rising demand for loans
- Minor movements in the FX and interest rate markets3November2025
CPI inflation still below 3% y/y
Economic Analysis Daily
In today's Eyeopener:
- Today, manufacturing PMIs for Poland, the Eurozone, and the USA
- October CPI inflation below expectations and the September print
- Loan sales rebounded after weaker August
- Weakening of the zloty, declines in yields and money market rates31October2025
Consumer sentiment worsened
Economic Analysis Daily
In today's Eyeopener:
- Today preliminary Polish CPI data for October
- ECB left interest rates unchanged
- Poland’s main ESI sentiment indicator down due to weaker consumer confidence
- Slight weakening of the zloty, domestic bond yields slightly higher30October2025
US rates cut, successful US–China summit
Economic Analysis Daily
In today's Eyeopener:
- Today plenty of GDP data for European countries and ECB decision on interest rates
- Fed cut interest rates by 25bp, as expected; December cut uncertain
- The US and China reached an agreement reducing tariffs and export restrictions
- Weaker CEE currencies, higher market rates29October2025
The market expects the Fed to cut rates today
Economic Analysis Daily
In today's Eyeopener:
- Today’s Fed decision on interest rates
- Consumer sentiment in the US slightly down
- Polish consumer spending in 2Q rose by 2.1% q/q, income increased by 4.1% q/q
- Late-session strengthening of the złoty, slight declines in local yields and market rates