Key Indicators
National Accounts
Real GDP Index - Gross Domestic Product
(corresponding period of previous year=100, NSA)
100.8,101.1,101.7,103.1,103
103
Consumer Price Index
Total
(corresponding period previous year=100, NSA)
102.9,102.6,102.4,102.2,102.3
102.3
Labor Force Survey
Total unemployment rate
(Percent, NSA)
8.3,7.9,8.1,8.5,10.6
10.6
Interest Rates
Central Bank - Reference Rate
(Percent, NSA)
3.5,3.5,3.5,3.5,3.5
3.5
Balance of Payments
Current Account - Total
(Millions US $, NSA)
-1012,146,-758,-569,-339
-339
Foreign Trade
Total Exports
(Millions of Zloty, NSA)
30834.9,34224.3,38506.9,34384.9,37649.8
37,649.8
data by Moody's
September 2010 Poland Outlook Update
After averting recession last year, Poland’s economy revved up in the first half of 2010, driven by domestic demand. Going forward, RGE sees consumer spending and inventory rebuilding driving growth over the rest of this year, with net exports acting as a slight drag. In line with the central bank’s projection, RGE foresees GDP for the whole of 2010 growing. Despite our expectation of an upturn in investment, we see the pace of growth moderating in Q4 2010 into 2011 as positive inventory effects fade and the global economy slows amid fiscal retrenchment in advanced economies. Consequently, we are forecasting below-consensus GDP growth for next year.
Read the September update to the 2010 Global Economic Outlook.
Europe Focus
RGE’s Europe Analyst Team Sep 24, 2010
RGE Analysis
By Mary Stokes Sep 24, 2010
RGE Analysis
By Jelena Vukotic Sep 24, 2010
Global Economic Outlook
Nouriel Roubini, Christian Menegatti and the RGE Macroeconomic Team Sep 10, 2010
Global Economic Outlook
Mary Stokes Sep 10, 2010
Europe Focus
By RGE's Europe Analyst Team Aug 27, 2010
RGE Analysis
By Elisa Parisi-Capone, Katharina Jungen, Mary Stokes, Parul Walia, David Rogovic and Eric Persson Aug 13, 2010
Global Economic Outlook
Mary Stokes Jul 12, 2010
Global Economic Outlook
Mary Stokes Jul 12, 2010
RGE Analysis
By Elisa Parisi-Capone, Natalia Gurushina, Arnab Das and Nouriel Roubini May 10, 2010
Global Economic Outlook
Mary Stokes Apr 12, 2010
RGE Analysis
By Mary Stokes and Jelena Vukotic Apr 11, 2010
RGE Analysis
By Natalia Gurushina and Mary Stokes Mar 29, 2010
Global Economic Outlook
Mary Stokes Jan 30, 2010
RGE Analysis
By Mikka Pineda, Mary Stokes, Bertrand Delgado, Mikko Forss, Kavitha Cherian, Arpitha Bykere and Christian Menegatti Jan 4, 2010
RGE Analysis
Arnab Das, Natalia Gurushina, Jennifer Kapila, Elisa Parisi-Capone Jan 4, 2010
RGE Analysis
By Mary Stokes Dec 1, 2009
RGE Analysis
Mary Stokes Oct 7, 2009
RGE Analysis
Mary Stokes Jul 24, 2009
RGE Analysts' EconoMonitor
Jelena Vukotic
Sep 24, 2010
Europe EconoMonitor
Marcus Svedberg
Apr 20, 2010
RGE Analysts' EconoMonitor
Jelena Vukotic
Apr 14, 2010
RGE Analysts' EconoMonitor
Mary Stokes and Jelena Vukotic
Feb 22, 2010
Europe EconoMonitor
Marek Belka
Feb 2, 2010
RGE Analysts' EconoMonitor
Nouriel Roubini
Jan 28, 2010
Analysis
Jamestown Foundation
Vladimir Socor
Oct 06, 2010
Analysis
SEB
Oct 06, 2010
News
Bloomberg
Piotr Skolimowski
Oct 06, 2010
News
Bloomberg
Ladka Bauerova and Krystof Chamonikolas
Oct 06, 2010
Blogs
Beyond Brics, Financial Times
Dan Thomas
Oct 06, 2010
Analysis
Morgan Stanley
Oct 05, 2010
Analysis
Jamestown Foundation
Vladimir Socor
Oct 05, 2010
News
Bloomberg
Maciej Martewicz
Oct 05, 2010
News
Bloomberg
Boris Groendahl
Oct 05, 2010
News
Warsaw Business Journal
Oct 05, 2010
Analysis
ERSTE Bank
Oct 05, 2010
News
Reuters
Karolina Slowikowska and Pawel Florkiewicz
Oct 05, 2010
News
Warsaw Business Journal
Oct 04, 2010
News
Warsaw Business Journal
Oct 01, 2010
News
BRE Bank
Oct 01, 2010
News
National Bank of Poland
Oct 01, 2010
News
Reuters
Oct 01, 2010
Blogs
Financial Times
Jan Cienski
Oct 01, 2010
Analysis
ERSTE Bank
Oct 01, 2010
Analysis
Danske Bank
Oct 01, 2010
Analysis
BNP Paribas
Oct 01, 2010
Analysis
HSBC/Markit
Oct 01, 2010
Analysis
HSBC/Markit
Oct 01, 2010
News
Bloomberg
Monika Rozlal
Oct 01, 2010
News
Warsaw Business Journal
Sep 30, 2010
News
Warsaw Business Journal
Sep 30, 2010
News
Portfolio.hu
Sep 30, 2010
News
Warsaw Business Journal
Sep 30, 2010
News
ERSTE Bank
Jana Krajcova
Sep 30, 2010
News
Polish Statistical Office
Sep 30, 2010
News
Bloomberg
Monika Rozlal and Maciej Martewicz
Sep 30, 2010
News
Bloomberg
David McQuaid
Sep 30, 2010
News
Financial Times
Paul J. Davies
Sep 30, 2010
News
Warsaw Business Journal
Sep 28, 2010
News
Warsaw Business Journal
Sep 28, 2010
News
Warsaw Business Journal
Sep 30, 2010
Analysis
KBC Banking & Insurance
Sep 30, 2010
Analysis
Citigroup
Sep 30, 2010
News
Bloomberg
Monika Rozlal and Piotr Skolimowski
Sep 29, 2010
Analysis
National Bank of Poland
Sep 29, 2010
Blogs
Wall Street Journal
Marynia Kruk and Marcin Sobczyk
Sep 29, 2010
Analysis
UniCredit Weekly Magazine
Matteo Ferrazzi
Sep 29, 2010
Analysis
Citigroup Global Markets
Sep 29, 2010
News
Bloomberg
Nathaniel Espino
Sep 29, 2010
News
Rigzone
Sep 24, 2010
News
Bloomberg
David McQuaid
Sep 28, 2010
Blogs
New Europe, Wall Street Journal
Marcin Sobczyk
Sep 28, 2010
Analysis
Danske Bank
Sep 27, 2010
Analysis
Institute of Public Affairs
Jacek Kucharczyk and Jarosław Zbieranek (eds.)
Sep 27, 2010
Blogs
Beyond Brics, Financial Times
Jan Cienski
Sep 27, 2010
Analysis
WOOD & Company
Barbara Zaleska
Sep 27, 2010
News
Bloomberg
Agnes Lovasz
Sep 27, 2010
Blogs
New Europe, Wall Street Journal
Marcin Sobczyk
Sep 27, 2010
News
Bloomberg BusinessWeek
Sep 24, 2010
Analysis
BRE Bank
Sep 24, 2010
News
ERSTE Bank
Sep 24, 2010
News
Bloomberg
Piotr Skolimowski
Sep 24, 2010
Analysis
ERSTE Bank
Sep 24, 2010
Analysis
Raiffeisen Research
Sep 24, 2010
Analysis
Danske Bank
Sep 24, 2010
Analysis
Roubini Global Economics
Jelena Vukotic
Sep 24, 2010
Analysis
Roubini Global Economics
RGE’s Europe Analyst Team
Sep 24, 2010
Analysis
Danske Bank
Sep 24, 2010
Analysis
Commerzbank
Sep 24, 2010
Analysis
Commerzbank AG
Tatha Ghose
Sep 24, 2010
Analysis
BNP Paribas
Sep 24, 2010
News
Bloomberg
Nathaniel Espino and Anna Shiryaevskaya
Sep 24, 2010
Analysis
Erste Bank (free registration)
Jana Krajcova
Sep 24, 2010
Blogs
Financial Times
Emma Saunders
Sep 23, 2010
Analysis
National Bank of Poland
Sep 23, 2010
Analysis
DNB Nord
Sep 23, 2010
News
Gowarsaw.eu
Sep 22, 2010
Analysis
BNP Paribas
Sep 23, 2010
Analysis
Deutshe Bank Research
Maria Laura Lanzeni
Sep 22, 2010
News
Reuters
Sep 22, 2010
News
Warsaw Business Journal
Sep 22, 2010
News
Poland National Bank
Sep 22, 2010
Analysis
WOOD & Company
Sep 22, 2010
Analysis
Global Insight
Sep 21, 2010
Analysis
WOOD & Company
Sep 21, 2010
News
Bloomberg
Marta Waldoch and Maciej Martewicz
Sep 21, 2010
Analysis
Economist Intelligence Unit
Sep 20, 2010
News
EurActiv
Sep 20, 2010
Analysis
Citigroup
Sep 20, 2010
News
Warsaw Business Journal
Sep 17, 2010
News
BRE Bank
Sep 17, 2010
Analysis
ERSTE Bank
Sep 17, 2010
News
Poland Central Statistical Office
Sep 17, 2010
News
Warsaw Business Journal
Sep 17, 2010
Analysis
ERSTE Bank
Sep 17, 2010
Analysis
Raiffeisen Research
Sep 17, 2010
News
Bloomberg
Radoslav Tomek and Agnes Lovasz
Sep 17, 2010
Blogs
Beyond Brics, Financial Times
Henry Mance
Sep 17, 2010
News
Reuters
Sep 17, 2010
News
Warsaw Business Journal
Sep 16, 2010
Analysis
DNB Nord
Sep 15, 2010
News
Bloomberg
Shiyin Chen and Jason Webb
Sep 16, 2010
News
Warsaw Business Journal
Sep 16, 2010
News
Warsaw Business Journal
Sep 16, 2010
News
Wall Street Journal
Marcin Sobczyk
Sep 16, 2010