Daily

21February2024

Strong wages, weaker output and low PPI

Economic Analysis | Daily

In today's Eyeopener:

- Today, domestic construction production, consumer sentiment, and US FOMC minutes
- Wage growth in January above expectations, industrial production growth below
- Slight strengthening of the zloty against a weaker dollar amid China's rate cut
- Market rate declines in domestic and in core markets

20February2024

Important data for January

Economic Analysis | Daily

In today's Eyeopener:

- Today, data from the labor market, industrial production and PPI
- The EU Council is discussing the rule of law in Poland today
- Finance Minister plans to seal VAT system and sell currencies without market impact
- Markets quiet on Monday in the absence of US investors
- Slight strengthening of the zloty and increases in yields

19February2024

Quiet start of a week full of data

Economic Analysis | Daily

In today's Eyeopener:

- Today a holiday in the US, no key publications
- Later in the week, a full set of data from the domestic economy 
- US consumer sentiment best since mid-2021.
- Zloty slightly stronger, FRA down, but bond yields rise

16February2024

CPI inflation again below forecasts

Economic Analysis | Daily

In today's Eyeopener
  
- Today Michigan index, measuring US consumer confidence
- CPI inflation fell to 3.9% y/y in January, more than expected
- Some weakening of the zloty, yields fall in reaction to CPI

15February2024

GDP rebounding slowly

Economic Analysis | Daily

In today's Eyeopener
  
- Today CPI inflation for January, expected drop to 4.1% y/y
- GDP growth accelerated to 1.0% y/y (0% q/q s.a.)
- Three MPC members not ruling out any interest rate scenario
- Small changes of the zloty, market interest rates lower