Poland: Economic Growth to Speed Up

IndustrialsConstruction ♦ Published: February 10, 2014; 14:13 ♦ (Vindobona)

According to the Economy Ministry’s forecast, economic growth is supposed to come at 3 percent of GDP year-on-year this year. Inflation, on the other, is expected to come at 2 percent.

Poland: Economic Growth to Speed Up / Picture: © Wikimedia Commons / [Public Domain]

According to the forecast, total consumption will grow by 2.3 percent this year while private consumption will increase slightly more at 2.5 percent. Investments are anticipated to grow by 3 percent year-on-year while industrial production will see a growth of around 6 percent in 2014. The construction industry is expected to grow by 3.5 percent. According to the forecast by the Economy…