NBP survey sees GDP growth at 3.3%

Poland’s GDP will grow by 3.3 percent in 2014 and average annual inflation will amount to 0.5 percent, according to the central projection resulting from the National Bank of Poland’s macroeconomic survey conducted in June. The central projection sees GDP growth at 3.3 percent in 2014, 3.6 percent in 2015 and 3.6 percent in 2016, the NBP report said. Inflation is seen at 0.5 percent, 1.7 percent and 2.3 percent in the respective years. The forecasts for the NBP’s benchmark interest rate are 2.5 percent (unchanged since July) in 2014, the average for 2015 is seen at 2.66 percent and for 2016 – at 3.15 percent.