MNI BRIEF: BOE Markets Head Sees Wider Collateral, More Repos

MNI PBOC WATCH: PBOC Cuts 7-Day Rate As Reconfigures Framework

MNI China Daily Summary: Monday, July 22

MNI BRIEF: PBOC Lowers Ceiling of Its Interest Corridor

MNI: PBOC Sets Yuan Parity Higher At 7.1335 Mon; -1.18% Y/Y

MNI: PBOC Conducts CNY58.2 Bln Via OMO Mon; 7day Repo Rate Cut

CBRT Data Watch

NBH Data Watch

Pay concerns push back easing expectations; curve flattens

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Final Readings Confirm Q4 GDP Growth At +1.0% Y/Y

POLAND

Poland's economy grew 1.0% Y/Y in 4Q2023 and was unchanged on a quarterly basis, according to final data from Statistics Poland. This is in line with flash readings.

  • ING point to the cautious mood of consumers at end-2023, despite solid real income growth. They expect GDP to expand by 3% Y/Y this year, adding that consumption will be the main engine of growth, albeit without the "excess" of recent years.
  • mBank commented that consumption should accelerate in 2024, while investments will moderate (albeit may rebound into the year-end).
  • The Polish Economic Institute say that GDP growth should be close to +2.2% Y/Y in 1Q2024 thanks to a rebound in consumption and a low comparative base. They expect a slowdown in investments related to the cycle of EU funds disbursements and narrower firms' profits - albeit there is potential for weak recovery later in the year. They expect the economy to add 2.4% Y/Y this year.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.