19December2025
Złoty the strongest since March
Economic Analysis Daily
In today's Eyeopener:
- Today US consumer confidence data
- Wages grew more than forecast, unexpected drop in industrial output
- The president vetoed bills raising excise duty on alcohol and the sugar levy
- Policy rates unchanged in the Eurozone, Czechia and Sweden, up in Japan, down in the UK
- Further appreciation of the złoty, minor changes in the debt market18December2025
Today, data on output and the labour market
Economic Analysis Daily
In today's Eyeopener:
- Today, data on output and the labour market
- The Energy Regulatory Office cut tariffs on sales of electricity and distribution of gas
- Strong customer confidence survey results in December
- CEE currencies weakened further, zloty held firm, debt market stable17December2025
Markets pricing-in higher odds of ceasefire in Ukraine
Economic Analysis Daily
In today's Eyeopener:
- Today, HICP inflation in the euro zone, German Ifo index
- Core inflation fell to 2.7% y/y in November, Poland’s WGI indices improved
- US officials inform about progress in Ukraine peace talks
- Weak flash PMIs, US non-farm employment above forecast, but so was unemployment rate
- Zloty slightly stronger, debt market stable
16December2025
Surplus in trade, deficit in state budget
Economic Analysis Daily
In today's Eyeopener:
- Today, core inflation for November, abroad US employment and European PMIs
- CPI inflation in November revised from 2.4% to 2.5% y/y
- Current account surplus in October higher than expected
- Budget deficit after November exceeded forecast
- Zloty still strong, bond yields virtually unchanged
15December2025
Inflation and current account data today
Economic Analysis Daily
In today's Eyeopener:
- Today, final CPI for November and balance of payments for October
- S&P: risk of external shocks, resilient Polish economy
- VAT gap decreased to 10.9%
- Stable zloty, slight increase in bond yields