Morawiecki: Q1 GDP slightly below 4%

According to Deputy PM, Mateusz Morawiecki, Polish GDP for Q1 should easily exceed projected 3.5 percent and be slightly below 4 percent threshold. “I think we’re moving in the right direction, all economic indicators are better than we’ve expected,” Morawiecki said in an interview with ...

Inflation to reach 2.1% this year, GDP 3.4% – NBP poll

According to the results of macroeconomic poll conducted among analysts by the Poland’s Central Bank,  inflation will reach 2.1 percent this year. In 2018, the inflation will reach 2.1 percent, while in 2019 it will grow to 2.4 percent, getting close to the NBP’s inflation target, which ...

Moody’s upgrades Poland’s GDP forecasts

Ratings agency Moody’s has upgraded Poland’s GDP forecast for 2017 to 3.2 percent, from the previous 2.9 percent. The agency decided to upgrade the forecasts after a series of recent positive economic data. “Polish economy is showing signs of a nascent turnaround of last year’s real GDP ...

BOŚ: GDP growth to reach 3.5% in Q1

According to BOŚ Bank analysts, Poland’s GDP will grow by 3.5 percent in Q1 2017, while the consumption dynamic will remain above 4 percent y/y. In Q4, the growth stood at 2.7 percent.

EU investments to boost Poland’s GDP by 1 pp – Kwieciński

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...

Italy, the only euro zone economic loser

Italy’s Gross Domestic Product has dropped by 0.4 percent since the country joined the euro zone. Even though Rome’s GDP expanded 6.2 percent since 98, its population has decreased by 6.6 percent, according Eurostat data, compiled by Bloomberg.

Global economy to grow by 3.1% this year – report

Global GDP will grow by 3.1 percent this year and 3.5 percent in 2018 according to a forecast published by the UK’s National Institute of Economic and Social Research. In 2016, global GDP grew by 3 percent, the slowest growth since the 2009 recession.

Morawiecki hopes for over 3% GDP growth this year

Poland’s Finance Minister Mateusz Morawiecki, said that this year’s GDP growth will exceed 3 percent. “I am very pleased that we are moving in a very positive direction and growth this year (…) will not only exceed 3 percent but it will be very solid and will be based on investment...

Locked content Moody’s predicts higher GDP growth, inflation for 2017

The international credit rating agency Moody’s may not have upgraded its rating for Poland this week, as many had hoped, but it did release some relatively optimistic predictions for the country’s economy for 2017. According to a report released to the press on Wednesday, Moody’s maintained its fore...