Economy
19:18 10 November 2019
Post by: WBJ

GDP growth expected to slow down to 4% in 2019 - Scope Ratings

GDP growth expected to slow down to 4% in 2019 - Scope Ratings

GDP growth may slow down to 4 percent in 2019 and then to 3.5 percent in 2020, Scope Ratings forecasted. In 2018, GDP growth amounted to 5.1 percent. The expected change in the growth rate of the Polish economy "reflects the limited possibilities of the economy, getting closer to western EU countries living standards along with falling demand from major trading partners", said Jakob Suwalski, an analyst at Scope Ratings.

The agency also underscored that national savings and the level of private investment are lower compared to other Central and Eastern European Countries.

(ISBnews)

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