OECD cuts Poland's GDP growth forecast to 2.5% in 2012, 1.6% in 2013.

By bne IntelliNews November 28, 2012
Poland's growth is projected to slow considerably in coming quarters as a result of weaker domestic and external demand, according to the Organisation for Economic Co-operation and Development (OECD). However, it expects activity to pick up again in H2 of 2013 and strengthen further in 2014. All in all, OECD expects Poland's GDP growth to slow down to 2.5% (from last year's 4.3%) and further to 1.6% in 2013, only to rebound to 2.5% in 2014. In May, the Organisation projected Poland's economic growth at 2.9% in both 2012 and 2013. It also stressed that the government should implement structural reforms to boost potential growth and strengthen the recovery.

OECD cuts Poland's GDP growth forecast to 2.5% in 2012, 1.6% in 2013.

Related Articles

EC refers Poland to court for delay on renewable energy rules.

The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more

ZEW Economic Sentiment Indicator for Poland surges to 42.9pts in February.

The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more

FinMin: Poland to inject EUR 5.5bn of FX reserves to ECB upon euro-zone entry.

When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335