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Macro Analytics/PL
Macro country sheet

Poland PL

Currency: PLN. Central bank: Narodowy Bank Polski. PLN/USD: 0.2518.

Macro read

Consolidated decision read: what to monitor, why it matters, and where the data is still thin.

Regime scenario
Medium risk
Reflation

Growth at or above trend with inflation above target.

Growth Moderate 7.0 · Inflation Above target 5.5 · weakest: External 2.6, Fiscal 3.5

What to monitor: Check which dimension is driving divergence before drawing a broad country conclusion.

growth momentuminflation trendcentral bank stance
Where data is thin
IndicatorsPoland Composite leading indicator

Macro regime

Six dimensions, scored from 0 to 10. Radar shows the overall shape; cards show trend and label per dimension.

Growth7.0Inflation5.5Labor8.8Monetary5.0External2.6Fiscal3.5
Growth
7.0Stable
moderate
Inflation
5.5Stable
above target
Labor
8.8Stable
tight
Monetary
5.0Stable
neutral
External
2.6Stable
vulnerable
Fiscal
3.5Stable
neutral

Key indicators

Cross-country comparable indicators with 5-year micro history. Latest bar in gold; missing indicators render with a baseline.

Poland GDP YoY
4.00%
Poland CPI YoY (national, GUS)
3.50%
Poland Unemployment rate
3.40%
NBP reference rate
3.75%
Poland 10y government bond yield
6.23%
Poland Current account % GDP
-3.36% of GDP
Poland general government debt % GDP (Maastricht, quarterly)
64.50% of GDP
Poland general government balance % GDP (4 quarters)
-6.70% of GDP

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