Skip to content
Advertisement

Economy Paid

BGK: Inflation to fall to 9% by end of this year

11:41

BGK: Inflation to fall to 9% by end of this year
Source: Pixabay

Inflation will fall to 9% year-on-year by the end of 2023, while the first interest rate cut may occur this November by 50 bps, economists at the Bank Gospodarstwa Krajowego (BGK) forecast.

"We expect GDP to grow 0.7% for 2023 and 2.8% in 2024.

This article is for subscribers

Warsaw Business Journal subscribers get the full archive (12,248 articles going back to 1995) and the print edition.

Subscribe

Or try Poland A.M. free for 7 days, the daily briefing, or see all plans and prices.

Already a subscriber? Sign in · No account? Join now

More from Economy All