Analysts support Finance Ministry and central bank forecasts for GDP growth

Twenty analysts polled by Reuters said gross domestic product (GDP) will increase 5.2% this year and it would be similar to forecasts of the National Bank of Poland (NBP) and the Finance Ministry. The analysts predicted the current account deficit will probably amount to $11.76 billion by the end of the year, which will be about $200 million less than last year. They also said the deficit in July will be $760 million and in August $670 million, which is lower than June's $870 million. This means that the deficit would amount to 7.98% of GDP and would be higher than last year's 7.4%. Year-to-year inflation should drop to 8.2% by the end of the year and will be higher than the planned 5.4-6.8%. (Prawo i Gospodarka, page 3) M.M.