OECD: Polish GDP in ‘25 will increase by 3.4%, 3.0% in ‘26

The OECD forecasts Poland's GDP to grow by 3.4% in 2025 and 3.0% in 2026, with average annual inflation (CPI) at 5.0% and 3.9%, respectively. The economy is expected to continue recovering as inflation declines, though excess production capacity remains.
Core inflation is expected to gradually decrease as labor market pressure and wage growth slow. Private consumption will rise, supported by higher incomes and lower interest rates. After a slowdown in investments in 2024, the release of new EU funds will drive a strong rebound in 2025. However, the phase-out of Poland’s energy shield in late 2025 may slow inflation reduction, keeping it within the upper range of the target in late 2026.