Bank Pekao lowers GDP growth forecast for Poland

Due to weaker investment performance, Bank Pekao has lowered its PKB forecast for 2016 to 2.7 percent from 3.1 percent. However, it has not changed its prognosis for 2017, which remains at 3.3 percent, based on an expectation of an upturn in investment next year.

Locked content BofA Merrill Lynch revises down GDP forecast for Poland

Bank of America Merrill Lynch (BofA) has revised down the Poland’s GDP growth forecast for this year from 3.6 percent to 3.3 percent following a weak Q2 2016, a statement informed. BofA also changed its estimates regarding Poland’s budget deficit, claiming the shortfall is “likely ...

Locked content Development Ministry downgrades Polish GDP forecast

The Ministry of Development has lowered a GDP growth forecast for 2016 from 3.5 percent to 3.4 percent and held a CPI inflation forecast at -0.5 percent. The whole year consumption should stand at 4.1 percent (correction from 3.9 percent) and investment will grow by 1.1 percent (correction from 1.5 ...

Locked content NBP revises its GDP and inflation forecast downward

According to the Central bank NBP, Poland is expected to record lower GDP growth and lower inflation than seen back in March. NBP forecasts Poland’s GDP to grow by 3.2 percent this year, accelerate slightly to 3.5 percent in 2017 and grow by 3.3 percent in 2018. After Q1 GDP growth slowdown, G...

Locked content World Bank maintains Poland’s GDP forecast

The World Bank has maintained its economic forecast for Poland’s economy at 3.7 percent in 2016, and 3.5 percent in 2017-2018, the latest update of the Global Economic Prospects report says. Regarding the global growth forecast, the World Bank has downgraded it to 2.4 percent from the 2.9 perc...

Locked content IMF: Poland’s GDP growth up to 4% in 2017

The International Monetary Fund (IMF) has finished an official staff mission to Poland and published a statement with its conclusions and forecasts. According to the statement, Poland continued its convergence with the EU, growing well above most of its peers. However, increased external risks and r...

Locked content European Commission sustains GDP forecast for Poland

The European Commission estimated that Poland’s GDP will grow by 3.7 percent in 2016 and 3.6 percent in 2017. The new economic forecast released on Tuesday assumes higher growth than the one from February. Meanwhile, EU analysts expect Poland’s public finance deficit to be 2.6 percent of GDP t...

Locked content IMF forecasts Poland’s GDP growth in 2016 & 2017

The International Monetary Fund estimated that Poland’s GDP will grow by 3.6 percent and remain at this level in 2016 and 2017, whereas it will stand at 3.5 percent in 2021. IMF experts projected 0.2 deflation in 2016 and a return to inflation, amounting to 1.3 percent in 2017 and 2.5 percent ...