Research Poland: Polish economy powering ahead amid external tensions

New research from Danske Bank

During our visit to Warsaw on 28 and 29 August we met with key policy institutions, local experts and private banks.

Political risk premium has flared up again following the latest spat between the Polish government and the EU.

The Polish economy continues to power ahead driven by solid private consumer demand and a pick-up in EU funds’ absorption.

Fiscal performance is yet again outmatching expectations.

Higher wage growth and inflation are set to prompt a more hawkish pricing of the National Bank of Poland – but too early after today’s meeting.EUR/PLN is set to fall due to solid Polish economic growth, strong fiscal performance and the possible more aggressive pricing of NBP.

Research Poland: Polish economy powering ahead amid external tensions