Bittersweet growth of Polish GDP. Technical recession at its belt. What does it mean?

  • Although today’s data from the Central Statistical Office will confirm a fairly high economic growth, economists’ forecasts on what scale it will take differ significantly. The reason is, among others a mysterious propensity for enterprises to continue hoarding inventory
  • However, experts agree that this is the last such good data in the near future. A very likely scenario is a technical recession, ie contracting GDP for two consecutive quarters
  • The downturn in industry and the worrying data from the world economy have a negative impact
  • Economic growth forecasts in 2023 are getting worse. The European Commission and the S&P agency have already lowered their estimates for Poland. Despite this, we should still end in 2023 in positive territory
  • You can find more such information on the Onet homepage

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