Good start of the year in the economy [+MP3]

lewiatan.org 1 month ago
Zdjęcie: mariusz15


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Commentary by Mariusz Zielonka, chief economist of Leviathan

Good beginning of the year in the economy despite major macroeconomic turmoil. GDP has actually increased by 3.2%. We besides received a revision of the data for the 4th 4th of 2024, as we developed by 0.2 percent points faster than erstwhile estimates and the last 4th of the past year we close with a affirmative score of 3.4%. We may find ourselves in the 3 fastest-growing economies in Europe.

Rapid GDP estimates do not give any information on the structure of our growth. Therefore, 1 can only guess that stocks were most likely our main growth factor. This was all due to Donald Trump's trade policy and the overtaking movements of many European countries. I'm certain their 3 cents in the growth basket have added investments. Unfortunately, due to the fact that abroad trade data are included as the last in GDP, we will most likely be facing a revision of fast respect downwards. We have a crucial advantage over exports.

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