Polish government approved the economic plan to invest over PLN 2 trillion into the economy by 2020. The Strategy for Responsible Growth will be funded from public and EU funds (PLN 1.5 trillion) as well as private capital (PLN 600 billion) and is aimed to boost the country’s savings and inves...
Seasonally adjusted industrial production in Poland increased by 4.6 percent year to year in December, according to data published by Eurostat.
Poland’s gross domestic product grew by 2.7 percent year-on-year in the fourth quarter of 2016, according to a flash estimate published by the Central Statistical Office (GUS). The quarter-to-quarter growth was at 1.7 percent.
European Commission revised GDP forecasts for Poland to 3.2 percent in 2017 (down from 3.4) and to 3.1 percent in 2018 (down from 3.2 percent).
The general government deficit, i.e. the deficit of central and local governments and the social security funds controlled by these units, amounted to 2.3 percent of GDP last year and was the lowest since 2007, the European Commission said. For 2017-18, the Commission forecasts that deficit will amo...
Poland’s inflation rate stood at 1.8 percent in January year-on-year, the Central Statistical Office (GUS) said.
According to BOŚ Bank analysts, Poland’s GDP will grow by over 3 percent in 2017 (compared to 2.8 percent in 2016), mostly due to the rise of public investments.
Net assets under management (AuM) of Polish investment funds increased by 1.1 percent (PLN 2.9 billion) to PLN 261.8 billion, a report by researcher Analizy Online and asset management lobby IZFiA showed. In the same period, net inflows stood at PLN 0.8 billion.
The economic climate index calculated by the Research Institute for Economic Development of the Warsaw School of Economics (IRG SGH) increased by 1 points quarter-to-quarter and amounts to -7.8 points in Q1 2017. In year-to-year terms the index has dropped by 2.3 points.
Deputy Minister of Development, Jerzy Kwieciński said that according to the resort estimates, investments funded by EU will boost next year’s GDP by around 1 percentage point. Kwieciński expects that boost to grow in 2018-19 to 1.5 pp. “We plan on signing contracts for investments worth half o...