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IMF ups forecasts for Polish GDP growth

PR dla Zagranicy
Grzegorz Siwicki 17.04.2018 18:00
The International Monetary Fund has revised upward its forecast for Poland’s economic growth this year and next.
Image: geralt/pixabay.com/CC0 Creative CommonsImage: geralt/pixabay.com/CC0 Creative Commons

In its latest World Economic Outlook report, the IMF predicts Polish GDP will grow 4.1% in 2018 and 3.5% in 2019.

In October, the IMF forecast 3.3% GDP growth for Poland in 2018 and 3% in 2019.

In its April report, the IMF revised upward its average annual inflation forecast for Poland this year to 2.5% from the 2.3% it projected in October.

The IMF expects that inflation in Poland will continue to run at 2.5% in 2019.

Ratings agency S&P Global earlier this month upgraded its forecast for Poland's 2018 GDP growth to 4.5% from a previous projection of 3.8%.

S&P Global on Friday affirmed Poland's BBB+ credit rating, while boosting the country's outlook to “positive” from “stable.”

(gs/pk)

Source: PAP

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