Trade Balance in Poland
Poland - Trade Balance (Euros)Third-quarter growth defied expectations of an impending slowdown, matching the second quarter as domestic demand showed little sign of letting up. Fixed investment surged on the continued absorption of EU-linked structural funding, and household spending remained upbeat in light of strong earnings and low unemployment. Notably, inflation hovered below-target through the quarter despite the expansion. Available fourth-quarter data, however, suggests that economic growth may be decelerating. Survey-based data from the manufacturing sector slid through the better part of last year and, most recently, purchasing activity signaled a downturn in November and December. This would appear to align industrial metrics with the recent Eurozone pullback, which has hit export orders and is likely to continue doing so over the short-term. Consumers, on the other hand, have so far been spared and look set to continue driving economic gains; the labor market tightened through November and retail sales thus far appear unscathed.
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||2.77||-0.30 %||Jan 30|
|Exchange Rate||3.73||-0.53 %||Jan 30|
|Stock Market||59,849||-1.13 %||Jan 30|
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April 23, 2019
Nominal retail sales rose 3.1% year-on-year in March, decelerating considerably from February’s 6.5% rise.
April 18, 2019
Industrial output grew 5.6% year-on-year in March, according to the Central Statistical Office (GUS).
April 17, 2019
According to data released by the Central Statistical Office (GUS), consumer prices rose 0.3% month-on-month in March, following February’s 0.4% jump.
April 4, 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 2–3 April monetary policy meeting.
April 1, 2019
The manufacturing Purchasing Managers’ Index (PMI), released by IHS Markit, increased to 48.7 points in March (February: 47.6 points).