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POLAND: EC President, Poland, Czech, Austria Leaders Meet Today

POLAND
  • European Commission President Ursula von der Leyen visits the Polish city of Wroclaw amid heavy floods in the region. She plans to meet Prime Minister Donald Tusk as well as leaders of the Czech Republic, Slovakia and Austria.
  • Local press continues to focus on the impacts of the devastating floods that have hit Central Europe. Prime Minister Tusk said it is too early to declare that the worst of the flooding is behind us.
  • The value of housing loans granted increased by 21.2% Y/Y in August, PAP report citing data from the Credit Information Bureau. Compared to the previous month, the value of loans fell by 11.9%.
  • A slew of local data releases will cross the wires at 09:00BST/10:00CET:
    • Aug Sold Industrial Output Y/Y (Est: -0.3%; Prior 4.9%)
    • Aug PPI Y/Y (Est: -4.8%; Prior -4.8%)
    • Aug Average Gross Wages Y/Y (Est: 10.4%; Prior 10.6%)
    • Aug Employment Y/Y (Est: -0.3%; Prior -0.4%)
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  • European Commission President Ursula von der Leyen visits the Polish city of Wroclaw amid heavy floods in the region. She plans to meet Prime Minister Donald Tusk as well as leaders of the Czech Republic, Slovakia and Austria.
  • Local press continues to focus on the impacts of the devastating floods that have hit Central Europe. Prime Minister Tusk said it is too early to declare that the worst of the flooding is behind us.
  • The value of housing loans granted increased by 21.2% Y/Y in August, PAP report citing data from the Credit Information Bureau. Compared to the previous month, the value of loans fell by 11.9%.
  • A slew of local data releases will cross the wires at 09:00BST/10:00CET:
    • Aug Sold Industrial Output Y/Y (Est: -0.3%; Prior 4.9%)
    • Aug PPI Y/Y (Est: -4.8%; Prior -4.8%)
    • Aug Average Gross Wages Y/Y (Est: 10.4%; Prior 10.6%)
    • Aug Employment Y/Y (Est: -0.3%; Prior -0.4%)