Polish Economy Grew by 2.0% Last Year

BusinessEconomy ♦ Published: January 30, 2013; 19:07 ♦ (Vindobona)

Today, the Polish Statistical Office has published the economic data for 2012.

Polish Economy Grew by 2.0% Last Year / Picture: © Vindobona.org

After a growth rate of 4.3% in 2011, the economic growth has flattened significantly. Last year, the economic growth rate came at 2.0%. Economists expect Poland´s economy to slow down further. According to IMF, the growth rate will reach 1.5% this year. The Polish government predicts a growth rate of 2.2%.

Above all, domestic demand stagnated last year. In 2011, domestic demand…