IMF raises GDP growth forecast for Poland in 2021
Photo by Stanislau Palaukou/Shutterstock.com
The International Monetary Fund (IMF) has raised its GDP growth forecast for Poland in 2021 to 3.5% from 2.7% and decreased its forecast in 2022 to 4.5% from 5.1%, the Warsaw Business Journal reports citing news agency PAP.
According to the latest version of the cyclical IMF World Economic Outlook report, the fund expects average annual CPI inflation in Poland this year at the level of 3.2% (2.7% at the end of 2020), and in 2022 at an average level of 2.5%.
According to the IMF's estimates, the current account surplus is expected to amount to 2% in 2021 and 1.3% in 2022
The report does not provide a rationale for the forecasts.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.