International Reserves in Poland
Poland - International Reserves
After a historic plunge in activity in Q2, recent data hints at a recovery in Q3. Industrial production swung to expansion in the quarter, hitting an over one-year high in September. Moreover, retail sales rebounded in July–September, suggesting that household spending firmed in the quarter. Meanwhile, merchandise exports bounced back from Q2’s contraction in July–August and the PMI remained in expansionary territory throughout the quarter. Turning to Q4, economic prospects are bleaker. Business sentiment in the manufacturing sector deteriorated in October, likely owing to the rapidly increasing number of new Covid-19 cases, which could weigh on activity in the final months of the year. In other news, following a court ruling on 22 October that effectively banned almost all abortions, nationwide protests have broken out, defying the Covid-19-induced restrictions on public gatherings.Poland - International Reserves Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| International Reserves (EUR) | 86.9 | 108 | 94.6 | 102 | 115 |
Poland International Reserves Chart
Source: National Bank of Poland and FocusEconomics calculations.
Poland Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 2.07 | -0.30 % | Dec 31 |
| Exchange Rate | 3.79 | -0.53 % | Jan 01 |
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Economic News
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Poland: Inflation declines to lowest level since April 2019 in December
January 7, 2021
Consumer prices rose 0.10% from the previous month in December, unchanged from November's result, according to a preliminary reading and largely reflected rising prices for fuels for personal transport equipment. Inflation came in at 2.3% in December, down from November’s 3.0%.
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Poland: PMI logs five-month high in December
January 4, 2021
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) climbed to 51.7 in December, from November’s 50.8 and marking the best reading since July.
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Poland: Business confidence improves but remains pessimistic in December
December 23, 2020
Manufacturing-sector business confidence came in at minus 14.8 in December, up notably from November's minus 20.5.
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Poland: Retail sales drop at sharpest rate since May in November
December 21, 2020
Retail sales sank 5.3% compared to the same month a year earlier in November, which was a larger contraction than October's 2.1% decrease.
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Poland: Industrial output growth gains momentum in November
December 18, 2020
Industrial output rose 5.4% in November (October: +1.0% yoy).
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