EC raises Polish GDP forecast

The European Commission (EC) predicts that Polish GDP will grow by 4.4 percent in 2019. If the latest forecasts are right, Poland (along with Hungary which should also see a 4.4 percent GPD growth this year) will be the second fastest growing economy in the EU. Malta should see an increase of 5.3 percent. The average for the entire EU is to amount to 1.4 percent. The EC has also maintained its forecast for economic growth in Poland in 2020. The Polish economy is predicted to grow by 3.6 percent next year. According to the EC, inflation in Poland will grow from 1.2 percent in 2018 to 2.1 percent in 2019, then up to 2.7 percent in 2020.