GDP in Poland
Poland - GDP (billions of Euros)
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 - GDP (EUR bn) Data
|GDP (EUR bn)||380||390||395||411||430|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||3.24||-1.37 %||Jul 18|
|Exchange Rate||3.64||-0.66 %||Jul 18|
|Stock Market||62,332||-0.33 %||Jul 18|
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June 26, 2017
In June, the manufacturing sector business climate index decreased to 7.5 points from 8.1 points in May, according to the Business Tendency Survey released by the Central Statistical Office (GUS-BTS).
June 26, 2017
In May, retail sales rose 8.4% over the same month of 2016, picking up from April’s 8.1% growth.
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.