Locked content NBP revises its GDP and inflation forecast downward

According to the Central bank NBP, Poland is expected to record lower GDP growth and lower inflation than seen back in March. NBP forecasts Poland’s GDP to grow by 3.2 percent this year, accelerate slightly to 3.5 percent in 2017 and grow by 3.3 percent in 2018. After Q1 GDP growth slowdown, G...

Locked content Brexit will not influence Polish GDP or currency – Morawiecki

Deputy Prime Minister and Development Minister Mateusz Morawiecki proclaimed on Friday that the UK leaving the EU will not affect Polish GDP or the zloty currency. “A British exit from the European Union will not have any major impact on Poland’s economic growth and volatility in the zlo...

Locked content World Bank maintains Poland’s GDP forecast

The World Bank has maintained its economic forecast for Poland’s economy at 3.7 percent in 2016, and 3.5 percent in 2017-2018, the latest update of the Global Economic Prospects report says. Regarding the global growth forecast, the World Bank has downgraded it to 2.4 percent from the 2.9 perc...

Locked content GUS: Poland’s GDP growth at 3% in Q1 2016

Seasonally unadjusted real GDP growth rate stood at 3 percent in Q1 2016, which is slower than in the previous three months, the Central Statistical Office (GUS) announced on Tuesday. “As in the final quarter of 2015, economic growth was driven by domestic demand, which amounted to 4.1 percent...

Locked content Poland overtakes Greece in terms of per capita income

Living conditions of the population of Poland are ahead of Greek life standards, Rzeczpospolita  writes, citing International Monetary Fund (IMF) data. It is the first time in modern history Poland is ahead in terms of living standards compares to Western Europe countries. The IMF focused on per cap...

Locked content IMF: Poland’s GDP growth up to 4% in 2017

The International Monetary Fund (IMF) has finished an official staff mission to Poland and published a statement with its conclusions and forecasts. According to the statement, Poland continued its convergence with the EU, growing well above most of its peers. However, increased external risks and r...

Locked content European Commission sustains GDP forecast for Poland

The European Commission estimated that Poland’s GDP will grow by 3.7 percent in 2016 and 3.6 percent in 2017. The new economic forecast released on Tuesday assumes higher growth than the one from February. Meanwhile, EU analysts expect Poland’s public finance deficit to be 2.6 percent of GDP t...

Locked content IMF forecasts Poland’s GDP growth in 2016 & 2017

The International Monetary Fund estimated that Poland’s GDP will grow by 3.6 percent and remain at this level in 2016 and 2017, whereas it will stand at 3.5 percent in 2021. IMF experts projected 0.2 deflation in 2016 and a return to inflation, amounting to 1.3 percent in 2017 and 2.5 percent ...

Locked content World Bank revises economic forecast for Poland downward

According to the World Bank, Poland’s GDP in 2017-2018 is expected to decline from the previously forecasted 3.9 percent to 3.5 percent. Nevertheless, the financial institution has kept Poland’s GDP growth at 3.7 percent for 2016. “The fiscal prospects for Poland after 2016 are unc...

Locked content GDP up by 3.9% y/y

Poland’s GDP (not seasonally adjusted) totaled 3.9 percent in the forth quarter of 2015, compared with an increase of 3.5 percent in the third quarter, the Central Statistical Office (GUS) reported. The data is slightly higher than experts’ expected, as the market consensus stood at 3.8 ...