Locked content Think tank ups GDP growth forecast

The Gdańsk Institute for Market Economics (IBnGR) has raised its forecast for Poland’s 2014 GDP growth from 3.1 to 3.5 percent, according to a report quoted by the Polish Press Agency. In each quarter of this year, growth will be higher, reaching 3.6 percent year-on-year in the last three months, th...

Locked content GDP might slow down in H2 – Piechociński

Poland’s GDP for Q2 “should stay above 3 percent” threshold, but it may slow down in the second half of the year, said Deputy PM Janusz Piechociński. “Along with all central and eastern Europe we are entering a phase of deflation,” Piechociński told reporters. “I would prefer bolder and more daring ...

Locked content NBP survey sees GDP growth at 3.3%

Poland’s GDP will grow by 3.3 percent in 2014 and average annual inflation will amount to 0.5 percent, according to the central projection resulting from the National Bank of Poland’s macroeconomic survey conducted in June. The central projection sees GDP growth at 3.3 percent in 2014, 3.6 percent i...

Locked content Minister of Finance warns against deflation

According to the Minister of Finance, there is an increased risk for deflation in the Polish economy. Prices in May did go up by 0.2 percent year-on-year, but they went down by 0.1 percent compared with the previous month, according to a news release in Puls Biznesu. “The fact that prices are ...

Locked content Fitch raises GDP growth forecast for Poland

Poland’s GDP will grow by 3 percent year-on-year in 2014, according to an updated forecast published by the Fitch ratings agency. In December 2013, the agency predicted this year’s growth would be 2.4 percent. Fitch expects a public finances surplus of 4.5 percent of Poland’s GDP in 2014, and a 2015...

Growth may return to pre-crisis levels – report

It is possible that Poland’s GDP growth will returne to average levels recorded before the financial crisis, economist Jerzy Hausner was quoted as saying in a report published by the Polish Agency for Enterprise Development together with the Malopolska School of Public Administration. Recent data se...