12:00 13 October 2020
Post by: WBJ

IMF revises Poland's GDP forecast for 2020 up by 1 pp to minus 3.6%

The International Monetary Fund (IMF) has revised Poland's GDP forecast at minus 3.6 percent from the minus 4.6 percent forecast in June 2020. The IMF expects Poland's GDP to grow by 4.6 percent next year (against 4.2 percent expected in June).

According to the Fund, Poland will record annual average inflation of 3.3 percent this year, and 2.3 percent in the following year (compared to 2.3 percent last year).

The IMF said in the World Economic Outlook that it expects the unemployment rate in Poland to amount to 3.8 percent this year and 5.1 percent next year (against 3.3 percent in 2019).



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