Locked content IMF expects Poland’s GDP to grow at 3.3% in 2017

The International Monetary Fund has stated that it believes Poland’s GDP will grow at an average of 3.3 percent this coming year, according to a report the organization released earlier this week. According to many, this would be viewed as an improvement on the 2.5 percent growth experienced in 2016...

Morawiecki hopeful on growth figures

GDP growth in 2016 may be lower than expected, but according to Deputy Prime Minister and Minister of Finance Mateusz Morawiecki, there have not been negative consequences for the budget. Morawiecki was speaking in an interview with Polish radio on Tuesday. “The growth in 2016 may be slightly ...

Moody’s releases new estimates for 2018 GDP growth, inflation

Rating agency Moody’s has issued its forecast for Poland’s GDP growth, as well as the country’s deficit-to-GDP ratio, for 2018. In the Friday forecast released to the press, it said that GDP would grow at a rate of 2.8 percent, y/y, and also that the deficit-to-GDP ratio would be 2.8 percent. Earlie...

Moody’s lowers Poland’s GDP forecasts

Rating agency Moody’s has lowered its forecasts concerning Poland’s GDP to 2.6 percent in 2016 (from 3.1 percent) and 2.9 percent in 2017 (from 3 percent). “Slower than expected quarterly growth raises the risk that the GDP growth for the whole year would fall below 3 percent in 2016. The dynamic fo...

The EU Commission lowers its growth forecast for Poland

A report by the European Union Commission on Wednesday stated that it expects Poland’s GDP to grow by 3.4 percent in 2017, which was a slightly lower forecast than the 3.6 percent it had predicted earlier this year. It pointed to the tax changes implemented by the new administration in Warsaw as a p...

Locked content FinMin: GDP growth at 3.5% at the end of year

Finance Minister Paweł Szałamacha assesses that the GDP growth rate would stand at 3.5 percent at the end of the year. The economy grew by 3.1 percent in Q2, according to the statistical office. In Q1, the value stood at 3 percent y/y. According to a draft budget bill, GDP growth would stand at 3.4&...

Locked content Morawiecki: Polish GDP up to 3.5% in 2016

Poland’s GDP may grow by 3.4 – 3.5 percent in 2016, announced Deputy Prime Minister and Development Minister Mateusz Morawiecki on Friday. “There is a chance to exceed 3.5 percent in GDP growth in Q3 – Q4 2016, and this would mean a GDP growth of 3.4-3.5 percent in total in 2...

Locked content Development Ministry lowers GDP forecast

The Ministry of Development has lowered a GDP growth forecast for 2016 from 3.8 percent to 3.5 percent and corrected a CPI inflation forecast to -0.5 percent from -0.4 percent. The whole year consumption should stand at 3.9 percent and investment will grow by 1.5 percent (correction from 4.7 percent...

Locked content GDP at 3.1% in Q2

Poland’s gross domestic product grew by 3.1 percent year-on-year 0.9 percent quarter-on-quarter in the second quarter of 2016, according to a flash estimate published by the Central Statistical Office (GUS) on Friday. Economists had expected the GDP growth in Q2 to be higher, at 3.3 percent y/y. GUS...