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...

Locked content GDP growth in Q2 “little” better than Q1

GDP growth in Q2 was better than Q1 by a small margin, deputy Minister of Development Jerzy Kwieciński said. “GDP growth of 3.8 percent in 2016 is still real”, he added. “I expect a strong acceleration of growth by the end of Q3, which will be seen in the last quarter of 2016.̶...

Locked content GDP to grow by 3.4% – NBP poll

According to a poll filled by 22 experts from the financial sector, research centers, unions and employers’ organizations, Poland’s GDP will amount to 3.4 percent in 2016 and 2017, and will slightly fall to 3.3 percent in 2016. The experts said that inflation will amount to -0.5 percent ...

Locked content IMF lowers Poland’s GDP growth forecast in 2016

The International Monetary Fund (IMF) has lowered Poland’s GDP growth forecast to 3.5 percent from 3.6 percent in 2016, while it has also reviewed its estimates for 2017, saying GDP will grow by 3.6 percent, and not 3.5 percent as it was said earlier. Poland’s GDP growth is projected to ...

Locked content JP Morgan lowers Poland’s GDP growth forecast

Investment bank JP Morgan has reviewed Poland’s GDP growth forecast and lowered it to 3.1 percent in 2016 and 3 percent in 2017 citing Brexit as the reason. In the previous forecast, the lender said that GDP would grow by 3.8 percent in 2016 and 3.4 percent in 2017. JP Morgan also predicts tha...

Locked content OECD reviews economic forecast for Poland

The Organisation for Economic Co-operation and Development (OECD) has reviewed the economic forecast for Poland, downgrading the GDP growth to 3 percent in 2016 and 3.5 percent in 2017. In the previous forecast, the organization said it would stand at 3.4 percent and 3.5 percent, accordingly. “...

Locked content Fitch revises down GDP forecast for Poland

Fitch Ratings said Poland’s GDP growth will remain strong, but it has revised down the forecast to 3.2 percent in 2016 from 3.5 percent following a weak Q1 (Eurostat said on Friday that the Polish economy contracted 0.1 percent q/q). Fitch forecasts GDP growth at 3.5 percent in 2017 and 2018 a...

Locked content Development Ministry estimates GDP growth at 3.8% in Q1

Poland’s economic growth slowed down to 3.8 percent in Q1, compared with 4.3 percent in Q4 2015, the Ministry of Development said in an estimate. It expects the whole year’s GDP growth forecast to stand at 3.8 percent. Private consumption increased by 3.3 percent and the ministry expects...

Locked content GUS: Poland’s GDP grew by 19.8% in 2010-2015

The central statistical office GUS announced that Poland’s GDP grew by 19.8 percent in the period between 2010-2015. GUS also said that the deficit of public finances (government and local government institutions) amounted to PLN 46.6 billion in 2015. In the previous years, it totaled PLN 60.1...