wiiw Forecast Reports
POLAND: Soft landing ahead is a possibility
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in: Braced for Fallout from Global Slowdown
wiiw Forecast Report No. Autumn 2019, November 2019 , pp. 97-100
Broad-based economic growth has continued. German economic stagnation is not yet affecting foreign trade, but industrial output has started to underperform. A strong rise in gross fixed capital formation primarily reflects larger infrastructural and public sector investments. Household consumption is driven by strongly rising wages and social transfers. Labour shortages have become less acute while moderate inflation is back. The next government may feel obliged to continue the lavish social policies.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Poland