Trade Balance in Poland
Poland - Trade Balance (Euros)Available fourth-quarter data suggests momentum finally began to ebb, on the heels of an unexpectedly robust third-quarter outturn. Domestic demand remained firmly in the driver’s seat, although dwindling consumer confidence and slipping retail sales, together with a rare uptick in the unemployment rate in December, hint that consumers proceeded more cautiously in recent months. The sharp fall in inflation through the quarter, however, should have cushioned the slowdown somewhat. Weaker manufacturing-sector sentiment, meanwhile, likely pushed firms to tap the brakes on fixed-capital spending and appeared to align with the ongoing Eurozone pullback, which continued hammering late-year export orders. All this follows a buoyant third quarter underpinned by strong earnings and low unemployment, as well as the continued absorption of EU-linked structural funds.
Poland - Trade Balance (EUR) Data
|Trade Balance (EUR billion)||-0.3||-3.3||2.2||2.9||0.8|
5 years of economic forecasts for more than 30 economic indicators.
Poland Trade Balance (EUR) Chart
Source: National Bank of Poland.
|Bond Yield||2.76||-0.30 %||Feb 21|
|Exchange Rate||3.82||-0.53 %||Feb 21|
|Stock Market||59,938||-1.13 %||Feb 21|
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February 21, 2019
Nominal retail sales rose 6.6% year-on-year in January, up from December’s 4.7% rise.
February 20, 2019
Industrial output grew 6.1% year-on-year in December, according to the Central Statistical Office (GUS), up from December’s 2.8% reading on a broad-based upturn.
February 15, 2019
A preliminary estimate released by the Central Statistical Office (GUS) revealed that consumer prices were nearly stable from a month earlier in January (January: +0.1% month-on-month; December: +0.0% month-on-month).
February 14, 2019
Poland’s economy grew 4.9% year-on-year and in unadjusted terms in the fourth quarter of last year, according to a preliminary estimate released by the Statistical Office (GUS) on 14 February.
February 6, 2019
As widely expected by market analysts, the National Bank of Poland (NBP) kept the reference rate unchanged at a record-low 1.50% at its 5–6 February monetary policy meeting.