MBank cuts by half growth forecast for Polish economy in 2020
13:00
Economic consequences of the spread of the coronavirus and the recession in the eurozone and the US are factors that will heavily burden the Polish economy this year, mBank said.
That is why the economists of this bank lowered the GDP growth forecasts for Poland in 2020 from 2.8 percent. up to 1.6 percent.
According to them, in the first quarter of 2020, the slowdown in GDP growth will not be felt yet – they believe that this is due to catching up with production backlogs from the fourth quarter of 2019, favorable weather activity in the construction industry and accumulating inventories by consumers.
(300gospodarka)
