Poland’s central bank revises upwards GDP forecast
PR dla Zagranicy
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.
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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.