Domestic Demand in Poland
Poland - Domestic Demand
Growth picks up in Q1
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. GDP expanded 4.0% in Q1 over the same period of 2016. The result was above Q4’s 2.5% increase and overshot analysts’ expectations of 3.9% growth.
GDP components are not yet available but monthly indicators show buoyant performance across the board, with industrial production, retail sales and business sentiment reaching multi-year highs in Q1 and unemployment climbing down. More detailed data will be published on 31 May.
FocusEconomics Consensus Forecast panelists expect that the economy will grow 3.4% in 2017, which is up 0.1 percentage points from last month’s forecast. For 2018, panelists also foresee the economy growing 3.4%.
Poland - Domestic Demand Data
|Domestic Demand (annual variation in %)||4.2||-0.5||-0.6||4.7||3.3|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||3.18||1.18 %||Jun 16|
|Exchange Rate||3.76||-0.99 %||Jun 16|
|Stock Market||60,481||0.17 %||Jun 16|
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June 20, 2017
In May, industrial production in Poland rebounded and grew 9.1% from the same month last year, which marked a substantial improvement on April’s 0.6% slip.
June 12, 2017
Consumer prices were unchanged in May from the prior month, below April’s 0.3% increase.
June 1, 2017
The Manufacturing Purchasing Managers’ Index (PMI) fell from April’s 54.1 to 52.7 in May, according to IHS Markit.
May 31, 2017
According to a preliminary estimate released by the Central Statistical Office (GUS) on 31 May, consumer prices were stable from the previous month in May, which followed April’s 0.3% increase.
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).