Poland's GDP increased due to dynamic domestic growth
The decision to increase the forecast was a result of the better than anticipated H1 results of the domestic economy. "As until now the Polish economy has been showing a very high level of resistance to external risk. Although a little slow down is currently visible, it is still dynamic growth," declared Joaquin Almunia, European Commissioner for Economic and Financial Affairs.
The increase in the GDP will also be accompanied by an increase in the expected rate of inflation, as the Commission forecasts that the year on year indicator of prices for consumer goods and services will amount to 4.5 percent, as compared to the previously anticipated 4.3 percent.
Source: Rzeczpospolita (A.K.)
The increase in the GDP will also be accompanied by an increase in the expected rate of inflation, as the Commission forecasts that the year on year indicator of prices for consumer goods and services will amount to 4.5 percent, as compared to the previously anticipated 4.3 percent.
Source: Rzeczpospolita (A.K.)
