Poland's core inflation, excluding the prices of food and energy, measured 3.6 percent year on year in March 2020, unchanged from February, the National Bank of Poland (NBP) announced on Thursday.
Monetary Policy Council (RPP) member Grazyna Ancyparowicz has told PAP that Poland may have a negative growth rate in 2020 and experience deflation in 2021.
Poland's economy will drop by 2.6 percent in 2020 and expand by 3.2 percent in 2021, according to the results of a survey conducted by the National Bank of Poland (NBP). Average inflation will reach 3.2 percent in 2020 and 2.5 percent in 2021.
Poland's current account surplus hit EUR 2.22 billion in the fourth quarter of 2019, against a revised EUR 782 million deficit in the third quarter, according to National Bank of Poland (NBP) figures released on Tuesday.
Poland’s GDP growth will likely slow down to slightly less than 2 percent, but no recession is envisaged this year, President of the National Bank of Poland (NBP) Adam Glapiński told a Wednesday press conference.
President of the National Bank of Poland (NBP) Adam Glapiński on Wednesday said Poland was exceptionally well prepared for the current crisis.
Market observers say that the central bank’s moves open the door for the country’s finance ministry to announce an anti-crisis fiscal policy on a large scale.
The National Bank of Poland (NBP) on Monday recommended that the government should lift some tax and social insurance burdens from Polish companies amid the spreading coronavirus epidemic.
The governor of the National Bank of Poland (NBP), Adam Glapinski, said on Thursday that there will be no recession in Poland, but admitted that there will be an economic slowdown.
Teresa Czerwinska, a management board member of the National Bank of Poland (NBP) and a former finance minister, will become a vice-president and management committee member of the European Investment Bank (EIB) from March 1, the EIB announced on Thursday.