Experts from the European Commission (EC) judge that the economy of the European Union (EU) reached the peak of the business cycle in 2017. In the two subsequent years there will be a slowdown, but not a recession.
Poland must be prepared for economic slowdown resulting from the global situation, but recession, at least for the time being, is not expected, the chief economist of the Polish Development Fund, Paweł Dobrowolski, said at the Economic Forum in Krynica.
In May 2018, the level of the Leading Economic Indicator, informing of the future trends in the economy, has not changed significantly compared to April. It has increased by 0.3 points, and is 3.4 points below its recent local peak recorded in January.