Analysis by Region - Emerging Markets - Poland
We've raised our 2024 GDP growth forecast for Poland by 0.9ppts to 3.3% and kept our projection for next year at 3.6%. Our revision was triggered primarily by the upside surprise in Q2, when the GDP grew 1.5% q/q, the strongest in the EU. While we expect sequential growth will moderate somewhat in H2 due to the soft external environment, we think that resilient domestic demand will keep supporting the activity. We consider risks to the baseline forecast as balanced.
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