The economy is in the worst state, from 3 years – Forsal.pl

Officially, no one wants to submit new calculations. From our estimates it follows that in the fourth quarter, the annual growth rate of GDP (…) may be lower than that recorded in the third quarter, when it amounted to 2.5 percent. is the official response of the Ministry of Finance on the matter by the DGP in this matter.

From our data it follows, however, that already now environment Vice-Premier and head of the MF prepares far more pesymistycznego. But this does not exclude that the economy will slow down and will grow even slower than the rate of 1.8 percent. a year. The reason? The decline of investment in the third quarter to 7.7 percent. and exports, according to the national BANK in October by 1.7 percent. for the first time since August 2014.

– In comparison with our estimated forecast of MF is rather optimistic. We assume that growth in the fourth quarter will be 1.2% of GDP, says economist BZ WBK Peter Belsky. In turn, analysts at Credit Agricole and Bank Millennium point to 1.7%.

in the third quarter, when growth was 2.5 per cent., Deputy Prime Minister Morawiecki will have to explain to my colleagues in the government from the economic downturn. At the end of a bad year, one of his arguments in defense will probably be a good situation on the labour market. Although the economy fell into a stupor, while the Poles are not going to experience that in the portfolios. Wages are rising and unemployment is falling.

There is a chance that the prospects of a good salary, help with effects of the programme “the Family 500 plus” will wind up the consumption. Maybe this downturn will be temporary and in the first quarter of 2017. the economy will start to accelerate – at least, so says MF. – The scenario of accelerating GDP growth next year is real. Based on the supposed large investment demand and maintaining a high level of demand of households – provides resort.

Economists, they are of the same opinion. – Well, if we are talking about GDP growth, we will have in fourth quarter, says Jakub Borowski from Credit Agricole. In a similar tone, speaks Gregory Maliszewski, chief economist at Bank Millennium. Growth should be possible also with quick results of EU funds. This year has been big problems with this, this applies, in particular, of the expenses of the queue, which originally was supposed to be more than 7 billion rubles, which was revised up to 4.2 billion UAH. The European Commission still suggests that Poland’s GDP growth in 2017. will amount to 3.4 percent