Markets Actual Q1/26 Q2/26 Q3/26 Q4/26
Stock Market (points) 125078.03 123335 116960 113096 109368
Currency 3.58 3.57 3.53 3.5 3.47
Government Bond 10Y (%) 5.01 4.98 4.88 4.82 4.76

Overview Actual Q1/26 Q2/26 Q3/26 Q4/26
GDP Growth Rate (%) 1.00 0.9 1 0.9 0.8
GDP Annual Growth Rate (%) 4.00 3.6 3.7 3.5 3.4
Unemployment Rate (%) 5.70 5.7 5.2 5.3 5.6
Inflation Rate (%) 2.20 2.8 2.9 2.8 2.7
Inflation Rate MoM (%) 0.60 0.2 0.1 0.1 0.1
Interest Rate (%) 4.00 3.75 3.5 3.5 3.5
Balance of Trade (EUR Million) -2298.00 -1300 -700 -700 -700
Current Account (EUR Million) -1698.00 -520 -600 -550 -1400
Manufacturing PMI (points) 48.80 50.8 51 51.5 52.3
Business Confidence (points) -3.20 -7 -7 -2 2
Consumer Confidence (points) -9.10 -8.8 -7 -7.8 -8.5
Current Account to GDP (% of GDP) 0.30 -0.5
Government Debt to GDP (% of GDP) 55.10 65
Government Budget (% of GDP) -6.50 -6.5

GDP Actual Q1/26 Q2/26 Q3/26 Q4/26
GDP Growth Rate (%) 1.00 0.9 1 0.9 0.8
GDP Annual Growth Rate (%) 4.00 3.6 3.7 3.5 3.4
GDP Constant Prices (PLN Million) 938186.80 909686 934837 971023 970085
Gross Fixed Capital Formation (PLN Million) 154773.60 119990 144531 160191 160036
GDP from Agriculture (PLN Million) 24641.60 244739 24045 25504 25479
GDP from Construction (PLN Million) 59351.50 36718 62976 61429 61369
GDP from Manufacturing (PLN Million) 170820.90 185333 175682 176800 176629
GDP (USD Billion) 914.70 947
GDP per Capita (USD) 17984.38 18614
GDP per Capita PPP (USD) 45112.60 46692
Full Year GDP Growth (%) 3.60 3.5

Labour Actual Q1/26 Q2/26 Q3/26 Q4/26
Unemployment Rate (%) 5.70 5.7 5.2 5.3 5.6
Youth Unemployment Rate (%) 12.70 12.7 12.2 12.3 12.6
Labour Costs (points) 163.19 181 181 173 173
Wages (PLN/Month) 8771.70 9536 9282 9298 9280
Wages in Manufacturing (PLN/Month) 8809.11 9076 8991 8878 9320
Wage Growth (%) 6.10 6.4 6.1 6 5.8
Employment Change YoY (%) -0.80 -0.5 0 0.2 0.4
Population (Million) 36.50 36.1

Prices Actual Q1/26 Q2/26 Q3/26 Q4/26
Inflation Rate (%) 2.20 2.8 2.9 2.8 2.7
Inflation Rate MoM (%) 0.60 0.2 0.1 0.1 0.1
Consumer Price Index CPI (points) 269.30 273 274 275 275
Core Inflation Rate (%) 2.70 2.6 2.5 2.6 2.7
Core Consumer Prices (points) 156.06 157 158 160 160
GDP Deflator (points) 136.87 139 140 141 141
Producer Prices (points) 113.60 116 118 117 117
Producer Prices Change (%) -2.60 0.3 1.5 2 2.5
Food Inflation (%) 2.40 4.1 3.5 2.8 2.5
Harmonised Consumer Prices (points) 100.67 102 103 103 103

Money Actual Q1/26 Q2/26 Q3/26 Q4/26
Interest Rate (%) 4.00 3.75 3.5 3.5 3.5
Interbank Rate (%) 3.85 3.6 3.35 3.35 3.35
Foreign Exchange Reserves (USD Million) 293900.00 276500 281000 288500 295000
Deposit Interest Rate (%) 3.50 3.25 3 3 3
Loans to Private Sector (PLN Million) 442866.54 425624 444084 452785 457924
Private Debt to GDP (%) 70.50 66

Trade Actual Q1/26 Q2/26 Q3/26 Q4/26
Balance of Trade (EUR Million) -2298.00 -1300 -700 -700 -700
Current Account (EUR Million) -1698.00 -520 -600 -550 -1400
Exports (EUR Million) 27350.00 31500 32400 31900 29500
Imports (EUR Million) 29648.00 32800 33100 32600 30200
Current Account to GDP (% of GDP) 0.30 -0.5

Business Actual Q1/26 Q2/26 Q3/26 Q4/26
Manufacturing PMI (points) 48.80 50.8 51 51.5 52.3
Business Confidence (points) -3.20 -7 -7 -2 2
Industrial Production (%) -1.50 3.2 3.4 3.3 2.8

Consumer Actual Q1/26 Q2/26 Q3/26 Q4/26
Consumer Confidence (points) -9.10 -8.8 -7 -7.8 -8.5
Retail Sales YoY (%) 5.30 5 3.8 3.5 3.9
Consumer Spending (PLN Million) 541577.90 558054 550391 560533 559992
Gasoline Prices (USD/Liter) 1.64 1.66 1.73 1.77 1.82
Consumer Credit (PLN Million) 828339.60 829385 838563 849635 856503

Government Actual Q1/26 Q2/26 Q3/26 Q4/26
Government Debt to GDP (% of GDP) 55.10 65
Government Budget (% of GDP) -6.50 -6.5
Government Spending to GDP (% of GDP) 49.40 43