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Republic of Poland: Staff Report for the 2015 Article IV Consultation
Author:
International Monetary Fund. European Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2015: Issue 182
Language:
English
Publication Date:
14 Jul 2015
DOI:
https://doi.org/10.5089/9781513502434.002
ISBN:
9781513502434
ISSN:
1934-7685
Pages:
91
Keywords:
ISCR; CR; deficit; inflation expectation; Poland; EU regulation 680/2014; liability positions vis-à-vis nonresident; March policy interest rate; growth prospect; IMF staff calculation; Inflation; Government finance statistics; Commercial banks; Central bank policy rate; Credit bureaus; Global; Europe; Central and Eastern Europe
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This 2015 Article IV Consultation highlights that the economy of Poland has recovered from the 2012–13 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.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund