Public Debt in Poland
Poland - Public DebtPoland’s economy appears to be gaining momentum at the start of 2017, after GDP growth edged up at the end of 2016. A tight labor market and government stimulus measures are fueling a consumption boom, evident in double-digit growth in retail sales in January. Industrial production also accelerated strongly in the same month and business confidence rose in February, as the economy kicked into a higher gear. Meanwhile, the government continues to clash with EU officials over the rule of law. The government is refusing to implement European Commission-demanded judiciary reforms to improve the state of democracy, after a series of controversial laws last year sparked concerns. The country could lose its voting rights within the EU if the conflict persists.
Poland - Public Debt Data
|Public Debt (% of GDP)||54.4||54.0||56.0||50.5||51.3|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||3.54||-0.76 %||Mar 27|
|Exchange Rate||3.91||-0.98 %||Mar 27|
|Stock Market||58,339||-1.24 %||Mar 27|
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March 14, 2017
Consumer prices rose 0.3% over the previous month in February, which came in a notch below the 0.4% increase in January.
March 8, 2017
As anticipated by market analysts, the National Bank of Poland (NBP) decided to keep the reference rate at the record low of 1.50% at its 7–8 March monetary policy meeting.
March 1, 2017
The Manufacturing Purchasing Managers’ Index (PMI) fell slightly from January’s 54.8 to 54.2 in February, according to IHS Markit.
February 28, 2017
Poland’s economy gained steam in the fourth quarter amid a pick-up in exports and private consumption.
February 23, 2017
In January, retail sales in Poland rose 11.4% over the same month of 2016, which was well above December’s 6.4% increase.