Economy on the Warpath
R ussia’s invasion of Ukraine has contributed to stagflation trends in the economy. Powerful migration movements have affected demand and the overall labour market. Having found itself in the frontline zone, Poland will nonetheless not suffer any decline in attractiveness as an investment destination.
The years 2021-2022 will go down in history as a major inflation episode, particularly in developed economies. For the first time in two decades, Poland has recorded a double-digit increase in the consumer commodity and service price index. Bringing back normalcy will regrettably not be a painless exercise.
Double-digit price increase
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