“we already Said a month ago that this will be a turning point, which will raise the projections in Poland. We have already in the past month, we did it. We think that momentum is already better positively, certainly better than in the previous period, better consumer demand. In addition, we now have a +boost+ the price of raw materials, as seen in cross-section PPI and CPI is mainly the signals pointing to inflation”, – said an analyst at mbank Ernest Pytlarczyk.
he Added that “we are starting a little differently to think; instead of being pessimistic, we begin to see a little more optimism. We think that next year GDP will be significantly above 3%., and investment in the campaign. 2017. will the black”.
according to Paul Radwańskiego Raiffeisen Polbank good data on retail sales show that the growth of Polish GDP will be maintained largely consumption. Indications suggest that the Polish economy at the beginning of this year should accelerate.
“Happy as the dynamics of production of construction because the recession will be less than anticipated, and this may hint at the fact that the accumulation of the slowdown in investments is already behind us,” he said.
the Analyst of Bank Pekao Adam Antoniak said that “the December data from the real sector complete the picture of a further slowdown in economic growth in 4Q16″. “The further (albeit small), the fall of construction presuppose the maintenance of lower investment. According to our estimates, 4 kW. 2016. GDP growth was close to 2%. rdr, and in General in 2016. economic growth amounted to approx. 2.7 percent.” he said.
Noticed that at the same time increasing prices for raw materials on world markets (in particular oil) affect the emergence of inflationary pressures. In December, producer prices grew at a high pace for more than four years. We expect that the coming months will also bring higher inflation in consumer prices that could exacerbate the tone from the MPC, but in the coming months, the Council will continue to be signaled stable interest rates this year”.
on Thursday, the Department of Statistics reported that retail sales in December rose 6.4 percent. in annual calculation, and in monthly terms increased by 21.3 per cent. The consensus prepared by the PAP pointed to the increase of the authorized Fund by 5.8 percent and MDM to increase by 20.6 per cent. Retail sales actually rose 6.1 percent. rdr.
in turn, industrial production in December rose 2.3 per cent. rdr, as compared to the previous month decreased by 4.3 percent. Analysts polled by REUTERS had expected in December, production growth g is 1.5 per cent., MDM and a decline of 5.0 percent. Industrial production adjusted for seasonal changes, increased g by 3.9 per cent., and MDM has increased by 1.6%.
Prices of industrial production in December rose rdr by 3.0 per cent., and on a monthly basis, prices rose 1.0 percent. Economists conducted by REUTERS poll had forecast that producer prices in annual terms grew by 2.6 percent, and in monthly terms increased by 0.6 per cent.
industrial Production in December rose in 16 of the 34 departments. Recorded growth in particular in the production of machinery and equipment – by 17.9 per cent., metal products – by 15.4 per cent., pharmaceutical products – by 11.7%, furniture – by 11.3%, chemicals and chemical products – of 10.6%, metals 10.4 per cent., products other mineral raw materials, non-metallic – 9.8 per cent., food products – by 9.3 percent.
the Number of flats the construction of which was begun in December 2016 fell by 1.4 percent. rdr and 6.7 percent. MDM – handed GUS.
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