Exports in Poland
Poland - ExportsMomentum likely cooled considerably in the first quarter, as supply bottlenecks and soaring inflation—made worse by the outbreak of the Ukraine war—weighed on the economy. Although retail sales expanded strongly, consumer confidence soured in Q1, which, coupled with strong inflationary pressures, suggests moderate household spending. Moreover, business sentiment weakened, pointing to slowing dynamics, although PMI readings remained comfortably in expansionary terrain. Moving to Q2, Russia’s Gazprom suspended all gas supply to the country in late April, although the country’s large gas stocks should keep supply largely stable. Moreover, on 20 April, Moody’s affirmed the country’s A2 credit rating with a stable outlook, noting the country’s resilient economy and strong institutional framework.
Poland - Exports Data
|Exports (USD billion)||191||196||228||256||258|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||2.07||-0.30 %||Dec 31|
|Exchange Rate||3.79||-0.53 %||Jan 01|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
May 19, 2022
According to a preliminary estimate, GDP growth accelerated to 8.5% year on year in the first quarter, from 7.6% in the fourth quarter of 2021.
May 9, 2022
At its meeting on 5 May, the National Bank of Poland (NBP) raised the reference rate by 75 basis points from 4.50% to 5.25%, marking the eighth consecutive rate hike since it began its tightening cycle in October 2021.
May 6, 2022
The S&P Global Manufacturing Purchasing Managers' Index (PMI) came in at 52.4 in April, down from 52.7 in March.
May 5, 2022
Consumer prices rose 2.00% over the previous month in April, following March's 3.30% surge which had marked the strongest increase since January 1996.
April 26, 2022
Retail sales rose 22.0% compared to the same month of the previous year in March, which was above February's 16.5% increase.