Poland balance of payments July 2012

World Economic outlook Poland balance of payments July 2012  :  NBP data: In July 2012 Poland's exports grew by 12.7% on the July 2011 figure, whereas imports rose by 4.2%. The combined balances of current and capital accounts showed a surplus of approx. EUR 1 billion.

Poland Economic Growth Forecast 2013

World Economic outlook - Poland Economic Growth Forecast 2013 : Poland’s government will have to revise down its 2013 economic-growth forecast to “probably” below 2.5 percent, Ludwik Kotecki, chief economist at the Warsaw-based Finance Ministry, said today in an interview on Radio Tok FM.

“As the data from the European Union get worse, we need to adjust our growth forecast,” Kotecki said. “Instead of accelerating growth, we will see a slowdown to probably below 2.5 percent, but probably not less than 2 percent.”

Poland core inflation rate, consumer prices december 2011

World Economic outlook - Poland core inflation rate, consumer prices december 2011 : Poland's core inflation increased in December, and remained at the highest level in almost ten years, data released by the central bank showed Friday.

The core inflation, excluding food and energy prices, accelerated to 3.1 percent in December from 3 percent in November. Economists expected the inflation rate to remain unchanged. The latest figure was the highest since April 2002, when core consumer prices rose 3.6 percent.

Poland’s economic growth forecast 2012-2013

World Economic outlook - Poland’s economic growth forecast 2012-2013 : Poland’s economic growth will probably slow “noticeably” in the next two years on austerity measures and the euro area’s debt crisis, the Organization for Economic Cooperation and Development said.

Gross domestic product will grow 2.5 percent in 2012 and 2013, compared with 4.2 percent this year, according to the Paris-based OECD’s economic outlook, published today. The 2011 estimate is up from a previous forecast in May of 3.9 percent, while the projection for the following two years was cut from 3.8 percent.