NBP: GDP at 3.5% in 2015-2017

Poland's GDP growth pace in years 2015-2017 will stood at 3.5 percent averagely, the recent the National Babnk of Poland's (NBP) report indicated.   The NBP estimated that the increasing domestic consumption and the growth of investment will boost Polish economy, at most. "As there has been an gradual and stable improvement of the economic conditions in the euro zone, the economic growth will be based on increasing consumption expenditures and the investments of domestic private sector," the report reads. Recovering of savings and emigration may be among the factors influencing GDP growth negatively, the NBP informed. The forecast used the data actual by the February 17, therefore it did not take into account lowering the interest rates by 0.50 pp.