Locked content Outflow of Ukrainians from Poland may result in 1.6% drop in GDP

In a moderate scenario involving the outflow of 500,000 immigrants from Ukraine from the labor market, potential GDP losses will amount to 1.6 percent, which accounts for 1/3 of GDP growth in 2017, a forecast by the Union of Entrepreneurs and Employers (ZPP) has revealed. “We are anxiously obs...

A developed country, but how rich?

Starting in September 2018, Poland will become the first country from Central and Eastern Eu­rope to be included in the exclusive group of 25 developed markets, according to FTSE Russell. What does this mean for our economy and capital markets and should it change anything in the eyes of investors?

Locked content GDP growth in Q2 should be similar to Q1 – Kwieciński

Poland’s Central Statistics Office (GUS) data for construction and industrial production indicate that Q2 GDP growth may be comparable to Q1, Minister of Investment and Development Jerzy Kwieciński estimated. In Q1 GDP growth stood at 5.2 percent y/y. Kwieciński added that positive trend shoul...

Locked content Inflation in Q2 is seen at 1.7% y/y

In Q2 2018 the inflation may amount to 1.7 percent on the annual basis, the Ministry of Finance estimated. The risk for economic growth may come from the situation at the main export markets for Poland, which have recorded a slowdown of economic activity in Q1. A higher inflation in Q2 compared to Q...

GUS: Q4 GDP growth at 5.1%

Poland’s GDP grew by 5.1 percent y/y in the Q4 compared with a 4.9 percent increase in Q3, Central Statistics Office GUS said confirming the previous flash estimate.

GDP grows by 4.6% in 2017 – GUS flash estimate

According to preliminary data from the Central Statistics Office, Poland’s GDP grew by 4.6 percent in 2017, the fastest since 2011. The growth was driven by domestic demand and higher economic activity in the region and the European Union, Poland’s main trade partners.