The NBP interest rates remain unchanged
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Date15 Nov 2023
During its meeting on November 7-8, 2023, the Monetary Policy Council decided to leave interest rates unchanged. This decision came as a surprise to economists who had anticipated a further...
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Core inflation decreases – new data from the National Bank of Poland
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Date20 Oct 2023
Every month, the National Bank of Poland runs an analysis of four core inflation indicators, which is an important instrument for understanding price dynamics in Poland. The main indicator, the...
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European Court of Justice opinion on foreign currency loans
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Date25 May 2023
Following the opinion recently delivered by the European Court of Justice (ECJ), the Polish Banking Supervision Commission KNF has warned of “dramatic consequences for the banking sector” if private consumers...
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Swedes invest in cellulose fibre packaging production in Kostrzyn
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Date17 May 2023
The paper manufacturer Arctic Paper and the Swedish cellulose producer Rottneros AB have contractually agreed on a joint venture for the construction of a paper mill in Kostrzyn nad Odra....
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Start of production of Jeep Avenger in Tychy
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Date10 May 2023
At the car plant in Tychy (formerly Fiat-Chrysler), the Stellantis Group has started regular production of the Jeep Avenger. The fully electrified vehicle is the first Jeep produced by the...
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Polenergia opens one of the largest wind farms in Poland
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Date05 May 2023
The private company Polenergia has opened FW Dębsk, its largest wind farm. With a projected annual output of 366 GWh, equivalent to the electricity needs of around 180,000 private households,...
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Government plans tax on vacant residential real estate
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Date11 Apr 2023
According to research institutions, the housing shortage in Poland is about 1.5 to 2 million apartments. At the same time, however, there are around 1.8 million vacant apartments, according to...
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Commissioning of the car tunnel to the island of Usedom announced for May
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Date31 Mar 2023
The construction of a car tunnel connecting the island of Usedom with the Polish mainland is nearing completion. According to the General Directorate for National Roads and Motorways (GDDKiA) in...
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Industrial production has reached the bottom
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Date28 Feb 2023
Industrial production grew by 2.6 percent in January, as the Central Statistical Office (GUS) reported. Compared to the previous month, December (1.0 percent), this represents a higher growth rate. However,...
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Despite a massive decline in demand – housing prices are on the rise
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Date21 Feb 2023
After years of boom in the residential real estate market, housing development companies sold only 40,900 new homes in the country’s seven largest cities last year, according to Poland’s largest...
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