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Analysis by Region - Emerging Markets - Poland

Publisher Oxford Economics
Published Jun 01, 2022
Length 9 Pages
SKU # OFE17209465

Description

Analysis by Region - Emerging Markets - Poland

Poland's economy had a strong start to this year, with GDP expanding 2.5% q/q in Q1, beating our and consensus expectations. But despite substantial support from fiscal policy and solid nominal wage growth shielding real incomes, we continue to expect a marked slowdown in growth going forward. This is due to worsening consumer sentiment because of rising inflation, while tighter financial conditions are leading firms to scale down or even scrap investment plans altogether. Therefore, we have boosted our 2022 GDP growth forecast to 5.7% to reflect large carry-over effects, but have cut our 2023 growth expectation by 1.7ppts to 1.8%.

Table of Contents

9 Pages
Poland: growth momentum will slow following Strong M1
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

Pricing

Currency Rates
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