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Poland: NBP Downgrades Forecasts for GDP and CPI
Politics ♦
Published: July 9, 2013; 12:03 ♦ (Vindobona)
The National Bank of Poland (NBP) downgrades GDP and CPI forecasts over next two years.
Poland: NBP Downgrades Forecasts for GDP and CPI / Picture: © NBP National Bank of Poland
Poland, as the largest economy in the eastern part of the European Union, is facing the worst economic downturn in more than a decade. In its most recent inflation projection published on July 8, the central bank forecasts economic growth to decline to 1.1 percent in 2013 and is supposed to gradually increase to 2.4 percent and 3.0 percent respectively in 2014 and 2015. Consumer…
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