Search results - Macroeconomic analysis - Bank Pekao S.A.

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Selected tag: GDP
1 week 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
1 week 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 weeks 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.
5 weeks 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
2 months ago

US tariff policy steals the show

Macro Compass April 2025 - our macroeconomic forecasts for Poland, preview of monthly data readings and the expected scenario of events on the financial markets
3 months ago

Tariff carousel pushes macro into the backseat

Macro Compass March 2025 - our macroeconomic forecasts, preview of monthly data readings and the expected scenario of events on the financial markets