FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Polish Unemployment Rate to Decrease to 6.1% in May

POLAND
  • Yesterday, FinMin Tadeusz Koscinski said that the Polish government sees no reason to curb spending as it seeks to stimulate the economic recovery. Even though he admitted that the inflation was relatively high, he thinks that the inflationary pressure should stat to ease in H2 as consumer spending returns to a more regular pre-Covid pattern.
  • The majority of the NBP board seems to the be favorable to keep financial conditions as loose as possible to stimulate the economic recovery, and start raising when the Covid uncertainty eases.
  • The MP divergence between Poland and Hungary / Czech could start to weigh on the PLN relative to the HUF and CZK in the medium term.
  • Unemployment rate is expected to decrease to 6.1% this morning; next important data to watch is the June preliminary CPI inflation print coming out on June 30.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.