Early-year slowdown, but Poland still poised for robust 3.4% growth in 2026
From the original
https://think.ing.com/snaps/early-year-slowdown-but-poland-still-poised-for-robust-34-growth-in-2026/
Related speeches
4 itemsEarly-year slowdown, but Poland still poised for robust 3.4% growth in 2026
Poland’s economy enters the third quarter on an uneven footing
The desk interprets recent bank commentary suggesting that Poland's economy shows signs of uneven growth entering Q3, despite a strong end to Q2. While industrial output remains robust, with a year-on-year increase of 5.1% in July, the construction sector has experienced a notable decline, which could dampen growth expectations. Per the full note from ing-think, GDP growth is projected at 3.4% for 2026, indicating a resilient outlook, albeit with potential headwinds from construction. Traders should watch for how these trends might affect the PLN in the context of regional European economic performance and monetary policy outlooks.
Poland’s GDP growth nears 4% in 2Q amid strong investment and net exports
The Polish economy demonstrated notable resilience, with GDP growth revised to 3.9% year-on-year in 2Q26, driven by rebounds in fixed investment and net exports. Per the full note [source], this uptick from the 3.5% in 1Q26 underlines a recovery, particularly in construction and industrial sectors, which are vital for ongoing economic health. While this performance sets a solid backdrop for the latter half of the year, cautious forecasts of 3.4% growth remain, indicating a potentially volatile trajectory ahead. The combination of external geopolitical pressures, especially from energy market disruptions, may continue to loom over future economic forecasts.