Republic of Poland: 2023 Article IV Consultation-Press Release; and Staff Report

Author: International Monetary Fund. European Dept.

Volume/Issue: Volume 2023 Issue 189

Publication date: June 2023

ISBN: 9798400244216

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Topics covered in this book

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Inflation , Economics- Macroeconomics , Money and Monetary Policy , Business and Economics - Statistics , International - Economics , financial asset , IMF staff calculation , price pressure , NBP in cooperation , asset price development , monetary policy transmission , households Poland , Inflation , Energy prices , Government finance statistics , Mortgages , Credit , Central and Eastern Europe , Baltics , Global

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Summary

Following a strong rebound from the pandemic, the Polish economy in 2022 faced energy and food price shocks, which exacerbated inflationary pressures and slowed economic growth. With Russia’s war in Ukraine, the authorities seek to increase defense expenditures and energy security.