After the series of October macroeconomic data has been published, the ministry of economy has upheld its forecast of GDP growth of 1.5% in the whole of 2013.
The ministry's analysts upheld the forecast of total consumption's rise by 1.1%, including individual consumption's increase by also 1.1%. They continue to expect gross fixed capital formation to decline by 0.7%.
The 2014 state budget draft stipulates for GDP growth of 1.5% in 2013 and 2.5% in 2014, but PM Donald Tusk recently forecasted the figures at 1.4% and 3.0%, respectively. The central bank sees growth at 1.3% and 2.9%, respectively.
According to the ministry of economy, CPI inflation will ease to 1.2% in 2013m while the registered unemployment rate will amount to 13.8% at the end of the year.
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