wiiw Current Analyses and Forecasts
Poland: Solid growth continues
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in: Recovery: Limp and Battered
wiiw Current Analyses and Forecasts No. 8, July 2011 , pp. 72-75
In Poland, the robust GDP growth is expected to continue. Growth will be driven primarily by do-mestic demand – in terms of both consumption and investment. Improvements in industrial labour productivity will help to contain the impact of any eventual currency appreciation. Trade develop-ments will play a secondary – but increasingly negative – role. Whereas fiscal consolidation will proceed at a fairly gradual pace, monetary policy seems determined to combat inflation more vigorously than elsewhere in the EU.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Visegrad countries, Poland