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Poland’s central bank revises upwards GDP forecast

PR dla Zagranicy
Paweł Kononczuk 13.11.2017 11:15
Poland’s central bank has revised upwards its GDP growth forecast for the country, saying on Monday it expects the economy to expand 4.2% this year.
Photo: image4you/pixabay.com/CC0 Creative Commons
Photo: image4you/pixabay.com/CC0 Creative Commons

The National Bank of Poland also said it expects inflation to stand at 1.9% in 2017.

In its July forecast, the bank said it expected the economy to grow 4.0% this year.

It said on Monday that it expects GDP growth to fall to 3.6% in 2018. Its July projection for next year was 3.5%.

The bank predicted the economy would grow 3.3% in 2019, unchanged from its July forecast.

The central bank also forecast that inflation would stand at 1.9% in 2017, unchanged from its July projection; 2.3% in 2018, up from 2.0% in its July projection; and 2.7% in 2019, up from the 2.5% predicted in July.


Source: PAP

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