This 2015 Article IV Consultation highlights that the economy of Poland has recovered from the 2012a13 slowdown. Growth accelerated to 3.4 percent in 2014, and further to 3.6 percent in the first quarter of 2015, on the back of buoyant domestic demand, supported by improving labor market and financial conditions. However, inflation has remained negative since July 2014 owing to low commodity prices and weak imported inflation. The outlook is for continued robust growth and subdued inflation amid downside risks. Economic expansion is expected to continue, with growth projected at 3.5 percent in 2015 and over the medium term.Republic of Poland: Financial Market Developments Sources: Bloomberg, Haver Analytics, Polish Ministry of Finance, and IMF staff calculations. Figure 3 ... 2010 2011 2012 2013 2014 2015 Credit default swap (CDS) spreads remain narrow. ... 10Y yield Spreads over German 10-Year Bonds (Yields in percent; spreadin basis points) Meanwhile, the stockmarket has held up well, despite bouts of volatility.
Title | : | Republic of Poland: 2015 Article IV Consultation-Press Release; Staff Report; Information Annex; and Statement by the Executive Director |
Author | : | International Monetary Fund. European Dept. |
Publisher | : | International Monetary Fund - 2015-07-14 |
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