Locked content Public debt in 2019 will decrease by 1.7 p.p – Czerwińska

Government debt will be reduced by 1.7 percentage points in 2019, Minister of Finance Teresa Czerwińska said. She added that Poland has very low debt for EU standards. On Tuesday the Council of Ministers adopted a preliminary budget for 2019. It assumes 3.8 percent GDP growth, 2.3 percent inflation,...

Locked content GDP growth may reach 5% in 2018 – analysts

In Q2 GDP unadjusted seasonally (at constant average prices of the previous year)  grew by 5.1 percent quarter-on-quarter,  the Central Statistical Office (GUS) reported. Seasonally adjusted GDP (in constant prices referred at 2010) increased by 0.9 percent compared to Q1 and was 5 percent higher y/...

Fitch: economic growth to taper off in 2020

Ratings agency Fitch expects Poland’s economic growth to slow down to 2.9 percent in 2020, from 3.4 percent in 2019 and 4.4 percent in 2018, the agency stated. The agency raised its projections for inflation in 2018-2019 to 2.5 percent at the end of this year (from a previous forecast of 2.3 percent...

Locked content GDP growth at 4% in 2018 – EBRD

Poland’s economic growth will increase to 4 percent in 2018 and then slow down to 3.3 percent in 2019, according to the latest forecast by the European Bank for Reconstruction and Development (EBRD). Compared to the estimates published in November 2017, this year’s GDP growth was increased by 0.6 pe...

Locked content EC increases Poland’s 2018 GDP growth forecast to 4.3%

The European Commission once again increased Poland’s 2018 GDP growth forecast to 4.3 percent from its previous estimate of 3.8 percent issued in November 2017. For 2019, forecasts were also revised upwards, to 3.7 percent, from 3.4 percent earlier. Inflation in 2018 should come in at 1.3 percent an...

Locked content GDP to grow 4.5% in 2018 – S&P

Ratings agency S&P Global Ratings increased its forecast for Poland’s GDP growth for 2018 to 4.5 percent, up from 3.8 percent in its January forecast. S&P also decreased the expected public debt level to 49.5 percent of GDP from 51.8 percent and maintained the budget deficit forecast at 2 pe...

Fitch increases Poland’s GDP growth forecast to 4.4% in 2017

GDP growth will come in at 4.4 percent in 2017, then slow down to 3.6 percent in 2018 and to 3.2 percent in 2019, according to the latest projections by the Fitch ratings agency. Fitch increased GDP growth projections by 0.4 pp for 2017 and for 2018, and maintained its projection for 2019, compared ...