Fiscal Balance in Poland

Poland Fiscal Balance | Economic News & Forecasts

Poland - Fiscal Balance

Growth climbed to an over 11-year high in 2018, which likely translated into a strong fiscal performance. Economic activity, however, seems to have softened slightly in Q1 2019, on the back of slowing albeit still robust consumer spending and fixed investment. In January-February, retail sales grew at a milder pace than in Q4 2018—probably due to a rise in unemployment—although still expanded solidly nonetheless thanks to healthy wage growth. As for the production sector, evidence is not yet conclusive; the strong showing of industrial production in the first two months of the year is at odds with contractionary PMI readings throughout Q1. Meanwhile, business confidence, although far from reaching the highs of mid-2018, remained positive throughout the quarter, hinting at healthy private sector activity.

Poland - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-4.1  -3.6  -2.6  -2.3  -1.7  

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Poland Facts

Bond Yield2.89-0.30 %Apr 18
Exchange Rate3.80-0.53 %Apr 22
Stock Market60,911-1.13 %Apr 18

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