Poland »

  • James Boston
    Forex » Polish Deficit Widens Further
    James Boston - December 15, 2014, 15:09 GMT

    Volatility continues in Poland’s trade situation according to the latest Trade Balance figures just released for the month of October. Today’s Trade Balance number sees the surplus slashed to just €56m from a figure of €614m the month before, expectations were for a surplus closer to €100m given the fall off in economic activity in

  • James Boston

    The hope that a recent down month in Polish manufacturing was a one off seems to be fading as today’s figures reveal another significant fall. The Industrial Production growth numbers had been reasonably stable until they took a plunge into negative territory in August, the strong recovery in September however appears to have been short

  • James Boston
    Forex » Poland’s Inflation Remains Subdued
    James Boston - November 13, 2014, 17:03 GMT

    Price growth activity is continuing to slide in Poland according to the latest inflation data just released. The Consumer Price Index (CPI) for the month of October has been announced as having fallen -0.6% year on year, this is a further deterioration on the September report of -0.3%, there were expectations for such a further

  • James Boston
    Forex » Poland Improves Trade Balance
    James Boston - September 15, 2014, 12:26 GMT

    The Polish economy is bracing itself for the impact of retaliatory Russian sanctions, particularly in the fresh food sector of which is one of Poland’s key eastward exports. The July trade figures released this morning however don’t encompass the full extend of the sanctions as they were introduced post this data. There is nonetheless a

  • James Boston
    Forex » Poland Holds Rates Steady
    James Boston - September 3, 2014, 15:05 GMT

    The National Bank of Poland has just completed it’s scheduled 2 day monetary policy meeting. The 2.5% base interest rate remains for a 15th consecutive month despite some predictions that a quarter point cut was on the cards this time around. The medium term prognosis for Polish interest rates is for a cut short series

  • James Boston

    The European Retail Sales data for the month of July has just been released and is showing further weakness than initially expected. The headline retail rate has fallen from 1.9% to just 0.8% growth when measured year on year, a fall to around 0.9% had been anticipated. The retail trade month on month data is

  • James Boston
    Forex » Polish Industrial Production Recovers
    James Boston - August 20, 2014, 12:02 GMT

    Polish Industrial Production has picked up again in July following an unexpected fall the previous month. The current year on year increase is now 2.3%, up from the -1.7% contraction experienced the previous month, market expectations for a 2.2% rise were however missed. Additionally, the Producer Price Index in the country has declined to read

  • James Boston
    Forex » Poland Posts Reduced Trade Surplus
    James Boston - July 14, 2014, 12:09 GMT

    Trade has ceased to pick up in Poland according to data for May released this morning. The Balance of Trade surplus is now running at €200M, this is a contraction on the April figure of €420.13M and a reversal of the recent growth trend for Poland’s Balance of Payments. The country’s Current Account is also