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Macro - Country Economic Forecasts - Poland

Publisher Oxford Economics
Published Apr 30, 2022
Length 10 Pages
SKU # OFE17149000

Description

Macro - Country Economic Forecasts - Poland

Current data point to the remarkable resilience of Poland's economy. Even should there be a marked slowdown in activity later in the year as the Ukraine war and tighter monetary policy weigh on spending, a strong Q1 growth performance will support this year's GDP print. Moreover, we think loose fiscal policy and high nominal wage growth will cushion the impact of higher prices on households' disposable incomes. So, while we are maintaining our GDP growth forecasts of 4.2% in 2022 and 3.5% in 2023, we are likely to nudge up our 2022 forecast in May.

Table of Contents

10 Pages
Poland: Q1 was still strong, but slowing momentum looms
Forecast overview
Recent developments
Short-term growth outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics
How Do Licenses Work?
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