NBP: Economists see Poland's GDP growth at 1.2% in 2013, 2.4% in 2014

By bne IntelliNews October 15, 2013

The central-point forecast by economists from 19 institutions is 1.2% for the 2013 GDP growth, 2.4% for the 2014 growth, according to a survey by the National Bank of Poland (NBP). In 2015, these forecasters expect GDP growth (central-point) at 3.1%.
The survey is carried out in March, June, September and December. In the previous round, the central-point growth figures were 1.2% for 2013, 2.3% for 2014 and 3.1% for 2015.
The 50% deviation ranges for the September round of forecasts is: 1.0-1.5% for 2013, 2.0-3.0% for 2014 and 2.3-3.9% for 2015.
NBP attributes the growth's acceleration to the expected gradual improvement in the euro-zone. It expects the strengthening GDP growth to be accompanied by a drop in the unemployment rate and a growth of wages dynamics.
The Polish government expects this year's economic growth at 1.5% and in 2014 - at 2.5%, while the central bank's July CPI projection stipulates for 1.1% in 2013, 2.4% in 2014 and 3.0% in 2015.

Related Articles

Eurozone manufacturing growth hits four-year high in April but Middle East war drives record price surge

Eurozone manufacturing activity expanded at the fastest pace in nearly four years in April as factories rushed to build safety stocks ahead of expected price rises and supply shortages linked to the ... more

Poland’s BGK to begin operations in Ukraine under new cooperation deal

Polish state development bank BGK will launch operations in Ukraine following the signing of a cooperation agreement between the two countries’ economic ministries, reported Ukraine Business News. ... ... more

Ukraine’s NovaPay launches European app for financial services with Polish partner

Ukrainian financial services group NovaPay has launched a European version of its mobile application, aimed at Ukrainians and EU residents, in partnership with Polish payment institution Quicko, ... more

Dismiss
liveChat() ?>