CEE Macro Weekly: The Year of a Fiery Economy

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This week, instead of the traditional CEE Macro Weekly, we encourage you to review our summary of the economic outlook for Poland for 2026, as well as in-depth special topics that either constitute key assumptions underlying our forecasts or represent significant risk factors to their realization. 

Part One: Special Topics

#1 Threats to Europe arising from China’s trade expansion                                                         

#2 When will the German recovery arrive and what will result from it?                           

#3 Too high spending on AI?                                                                              

#4 (Geo)politics may disrupt the macro scenario                             

#5 Prospects for a ceasefire in Ukraine – implications for Poland                 

#6 The (un)thrifty Polish economy                                                                    

Part Two: Perspectives for the Polish economy

#7 Investment as the engine of growth                                              

#8 The labour market – hot n’ cold                                                                                          

#9 The last stage of disinflation                                                                    

#10 The current account deficit will deepen further                                        

#11 The final stage of NBP interest rate cuts.                                                  

#12 Weaving fiscal balance                                                                 

#13 Further weakening of the dollar in the FX market

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