OECD Economic Outlook, Volume 2022 Issue 2
The global economy is facing mounting challenges amidst the largest energy market shock since the 1970s and the cost-of-living crisis for many households from rising inflation pressures. The OECD Economic Outlook, Volume 2022 Issue 2 highlights the unusually imbalanced and fragile outlook, the significant downside risks associated with energy market developments and rising financial vulnerabilities as interest rates are raised, and the associated policy challenges. Well-designed and timely policy actions are required to maintain economic stability, enhance energy security and strengthen the prospects for future growth.
This issue includes a general assessment of the macroeconomic situation, and a chapter summarising developments and providing projections for each individual country. Coverage is provided for all OECD members as well as for selected partner economies.
Also available in: French
Poland
Real GDP growth is forecast to slow to 0.9% in 2023 due to higher energy prices as a result of Russia’s war of aggression against Ukraine, weaker domestic demand and a deteriorating external environment, before recovering to 2.4% in 2024. Inflation should peak in early 2023 but is likely to remain above target by the end of 2024.
Also available in: French
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