Poland: Economic Growth to Accelerate

Professional ServicesBanks ♦ Published: March 11, 2014; 18:46 ♦ (Vindobona)

According to the latest estimates of the Polish National Bank (NBP), the annual economic recovery could accelerate to 3.7 percent in the period from 2014 to 2016.

GDP growth in the coming years will in all likelihood exceed earlier estimates. / Picture: © Wikimedia Commons / [Public Domain]

Economic recovery could increase to 3.5 percent to 3.7 percent growth annually in the years from 2014 to 2016. Investments are expected to see a significant growth to 8.2 percent peaking in 2015 while consumption will even out at around 3 percent next year and inflation remain below the target of 2.5 percent until the first quarter in 2016, as reported by the NBP.

While the…