Poland Economic Outlook
May 9, 2017Poland’s economy is gathering steam. A revival in investment and construction activity is supporting momentum and recent economic indicators are pointing up. Business confidence came in at the highest level in seven years in April and the manufacturing PMI pointed to improving business conditions. Moreover, accommodative fiscal and monetary policies are adding impetus to consumption and retail sales expanded nearly 10% in March. The upturn in data comes after GDP slowed in H2 2016 as plunging investment curtailed economic activity. Looking forward, while improved conditions in the labor market will continue to fuel household spending, growth is expected to wane in H2 as the effects of the Family 500+ child care benefit scheme fade.
Poland Economy Data
5 years of Poland economic forecasts for more than 30 economic indicators.
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|Bond Yield||3.36||0.33 %||May 24|
|Exchange Rate||3.73||-0.88 %||May 24|
|Stock Market||60,812||0.67 %||May 24|
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Poland Economic Growth
May 9, 2017Recovering investment and healthy Euro area demand should fuel higher growth this year. The FocusEconomics panel sees GDP expanding 3.4%, which is up 0.1 percentage points from last month’s projection. In 2018, the panel also sees GDP expanding 3.4%.
Poland Economic News
May 25, 2017
In May, the manufacturing sector business climate index decreased from April’s multi-year high of 9.6 points to 8.1 points in May, according to the Business Tendency Survey released by the Central Statistical Office (GUS-BTS).
May 19, 2017
In April, industrial production swung to a 0.6% contraction from the same month last year, which marked a substantial decline compared to March’s 11.1% expansion.
May 19, 2017
In April, retail sales rose 8.1% over the same month of 2016, which marked a slowdown in growth from March’s 9.7% expansion.
May 16, 2017
Poland’s economy kicked into a higher gear in Q1, according to a flash estimate released by the Central Statistical Office of Poland on 16 May.
May 15, 2017
Consumer prices increased 0.3% in April over the prior month, contrasting March’s 0.1% drop.