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Poland : Economic Snapshot - 1Q 2013

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MarketBeat Economic Snapshot - 1Q 2013

The Polish economy continued to lose momentum in Q4 as a result of knock-on effects from the euro zone. Investment and consumer spending have been hit particularly hard, while net exports have been the main driver of growth. The economy is believed to have reached a low point from which it is now well placed to rebound thanks to a reduction in the budget deficit, an accumulation of precautionary savings by consumers and an improved outlook for its main export markets, especially Germany. In addition, recent rapid monetary easing should stimulate the economy in due course.

Source : Cushman & Wakefield

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Keywords : Cushman & Wakefield