In May 2020, the American investment bank Merrill Lynch became the leader in trading on the stock market in session transactions of the Warsaw Stock Exchange. PKO BP Brokerage House remained in second place, the WSE reported.
GDP, prices of goods and services. The Central Statistical Office (GUS) has published the latest data on the Polish economy
In Q1 2020, Gross Domestic Product grew by 2.0% y/y, compared with a 3.2% y/y increase in Q4 2019, while year-on-year inflation was 2.9%. - The Central Statistical Office (GUS) informed.
Ratings agency Moody's has downgraded Poland's economic growth forecast to minus 3.8 percent from an earlier forecasted negative of -2.0 percent growth in 2020.
Fitch has lowered its forecast of Poland's GDP growth in 2020 to -3.2% y/y from -1.7% estimated at the end of April, the agency's report shows. For 2021, the agency raised the estimate of Poland's GDP growth rate to 4.5% y/y from 4.3%.
The recession in the first quarter of 2020 in Poland turned out to be shallower than expected, Goldman Sachs informed, referring to the published data of the Central Statistical Office.