PKO BP sees GDP growing by 4.5% in 2015

Economists from Poland’s largest bank PKO BP expects the country’s GDP to grow by 3.4 percent in 2014 and by 4.5 percent in 2015, chief economist Radosław Bodys was quoted as saying by ISBnews. Improved individual consumption, a new wave of infrastructure investments and the inflow of EU funds will all contribute to enhanced growth, Bodys said at a press conference. Warsaw Stock Exchange indices are in a horizontal trend, the economist said and the bank’s analysts are moderately optimistic. PKO BP’s forecast is for the main WIG index to grow from the current 51,000 points to 52,000 at the end of Q3 and 55,000 at the end of 2014.