NBP Expects Further Slowdown

Politics ♦ Published: January 14, 2013; 17:48 ♦ (Vindobona)

Poland´s National Bank (NBP) forecasts an economic growth rate of 1.5% in 2013.

NBP Expects Further Slowdown / Picture: © Flickr

According to NBP, the Polish economic will record an even lower growth this year than in 2012. The inflation is expected to reach 2.3%.

In the last months, NBP revised its growth forecasts several times. In order to boost economic growth again, NBP has cut the interest rate three times in a row. At the moment, the base rate stands at 4.0%.

Poland does not remain unaffected…

or Log In

Fast News Search
Related News
Rostowski Wants Further Interest Cuts (January 11, 2013)
Poland: NBP Cuts Interest Rate Again (January 10, 2013)
NBP Plans Further Interest Rate Cuts (January 8, 2013)
Polish National Bank Criticized (December 11, 2012)
Polish National Bank Cuts Interest Rate (November 8, 2012)
Read More
NBP National Bank of Poland, Monetary Policy, Marek Belka, Economic Growth, Exports, Foreign Trade, Unemployment
Featured
How the People’s Republic of China Leverages Its Membership in Multilateral Organizations to Advance Its Geopolitical Interests
How China's Global Infrastructure Strategy Undermines European Integration in the Western Balkans and Beyond
See latest Vindobona Newsletter