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…