Fitch upgrades Poland’s GDP forecasts

The Fitch rating agency raised its GDP estimate for Poland to 3.3 percent for 2017 (from the previous 3 percent). “Fitch expects Poland’s GDP in 2017 to accelerate to 3.3 percent from 2.7 percent in 2016 and will be driven by strong consumption growth and a rebound in the investment area,” the report said. For 2018 and 2019, Fitch expects a 3.2 percent GDP growth.

The main risk factors include external situation and the lower predictability of economic policy.

Fitch estimates that inflation in Poland at the end of 2017 will amount to 1.8 percent, and 2.3 percent at the end of 2018 and 2019. It also expects the interest rates to reach 3 percent at the end of 2019.

Pin It