Search results
Selected tag: GDP
1 week ago
Inflation under control, public debt under scrutiny
We are back after the holidays with our monthly publication "MacroCompass" including: our picture of Poland's economy, macroeconomic forecasts, preview of monthly data readings and the expected scenario of events on financial markets
4 weeks ago
Polish economy grows but doesn't accelerate
GDP growth in the second quarter amounted to 3.4% yoy – in line with the consensus forecast and only slightly faster than in the first quarter (3.2% yoy). The reading was somewhat weaker than our assumptions, especially when looking at the seasonally adjusted quarterly momentum: 0.8%. Even though this metric has lost some of its accuracy since the pandemic, it still paints a picture of a slow recovery of the Polish economy following the energy crisis.
3 months ago
Perfect conditions for rate cuts in Poland
Macro Compass June 2025 - our macroeconomic forecasts for Poland, preview of monthly data readings and the expected scenario of events on the financial markets
3 months ago
Surprisingly strong investments in the first quarter
GUS confirmed today that GDP in the first quarter grew by 3.2% yoy and 0.7% qoq (seasonally adjusted). What is surprising, however, is the structure of GDP growth. Contrary to the pessimism emanating from almost every Q1 data, investments increased by an impressive 6.3% yoy. In light of these data, our forecast that investment will grow by 8.6% this year is still valid.
4 months ago
In praise of mediocrity – Polish GDP in 1Q25
Forecasts hit the mark this time – Polish GDP increased by 3.2% yoy in Q1’25 after growing by 3.4% in the previous quarter. This confirms the relatively weak start to the year, but compared to other EU countries (including in the region), it is a very good result. In the coming quarters, the Polish economy should accelerate.
4 months ago
Awaiting the first rate cut in Poland since 2023
Macro Compass May 2025 - our macroeconomic forecasts for Poland, preview of monthly data readings and the expected scenario of events on the financial markets