Polish economic growth likely to have decelerated in 2019
Polish economic growth data for the whole of 2019 is set to be released tomorrow. According to an Erste Group Research report, the flash estimate is likely to show a growth of 4.2 percent, a slowdown from 2018 of 5.1 per…
Polish economic growth data for the whole of 2019 is set to be released tomorrow. According to an Erste Group Research report, the flash estimate is likely to show a growth of 4.2 percent, a slowdown from 2018 of 5.1 percent.
Industry had performed below expectations at the turn of the year and is likely to have dragged GDP growth below 3.5 percent in the fourth quarter of 2019.
“Our nowcasting model suggests GDP growth at 3.6 percent y/y in the last quarter of 2019. Therefore, slippage of the FY19 figure to 4.1 percent cannot be ruled out. We expect the economy to further cool down this year, as we see FY20 growth at 3.4 percent”, added Erste Group Research.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
