Domestic Demand in Poland

Poland Domestic Demand | Economic News & Forecasts

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

2011  2012  2013  2014  2015  
Domestic Demand (annual variation in %)4.2  -0.5  -0.6  4.7  3.3  

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Poland Facts

ValueChangeDate
Bond Yield3.181.18 %Jun 16
Exchange Rate3.76-0.99 %Jun 16
Stock Market60,4810.17 %Jun 16

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