World Bank optimistic about Poland's GDP growth

The Polish economy is accelerating and its growth may be even bigger than the initial World Bank's forecasts of 3.2 percent in 2015, 3.3 percent in 2016 and 3.5 percent in 2017, Ewa Korczyc and Emilia Skrok, World Bank economists told PAP. "Monthly economic indicators for the first quarter look good. This may mean that the path of economic growth will be higher than we assumed at the beginning of the year. The optimism is fueled by the strong growth in consumption, which continues to be the engine of the GDP growth," Ewa Korczyc said. "We also see improving data regarding retail sales and industrial output," the economists added. Another factor conducive towards higher economic growth is a growing number of investments, which, according to the economists, will not be hindered by the international situation.