21:47 1 June 2026
Polish economy shows positive macroeconomic indicators
Poland’s economy grew by 3.5% in the first quarter, almost exactly in line with its historical average, suggesting neither exceptional strength nor weakness. Other key indicators also point to balance: inflation averaged 2.4%, close to the central bank’s target, unemployment remained near historic lows at 3% and the current-account balance was almost neutral at -0.1% of GDP. The one major exception is the state’s high fiscal deficit, estimated at around 7% of GDP. Surprisingly, this has not triggered inflation, currency weakness or external imbalance.
One optimistic interpretation is that the deficit may be absorbing excess household and corporate savings, supporting demand rather than destabilizing the economy.
(pb.pl)
