IMF lowers Poland's 2012 GDP growth forecast slightly to 2.4%.

By bne IntelliNews October 9, 2012
Poland's economic growth will probably slow down to 2.4% in 2012 and further to 2.1% in 2013, according to forecasts of the International Monetary Fund (IMF) included in its World Economic Forecast. October 2012. In May, it projected this year's economic growth of Poland at 2.5% (vs. last year's 4.3%). The Polish government expects GDP to grow by 2.5% in 2012 and by 2.2% in 2013. In 2017, however, Poland's economy should expand by 3.6%, IMF also said. The Fund also forecasts Poland's average annual inflation at 3.9% in 2012 and 2.7% in 2013 vs. last year's 4.3%; the December-December inflation figures are projected at: 3.2% and 2.5% vs. 4.6%, respectively. It also expects Poland's unemployment rate to rise to 10.0% this year and further to 10.2% next year from 9.6% in 2011.

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