Slight rebound in Poland’s growth expected mid-2013 - rate setter
September 5, 2012
Poland will avoid recession and should enjoy some modest rebound in economic activity in mid-2013, Monetary Policy Council member Andrzej Kazmierczak told Catholic broadcaster Radio Maryja.
"There will be no recession, I'm certain," Kazmierczak said.
"We will still have a positive growth rate, but it will be crawling, it will be lackluster," he said.
A rebound in economic activity trends should appear in mid-2013, the rate setter said.
Poland's GDP growth slowed down to 2.4% in Q2 from 3.5% in Q1, data from the Central Statistical Office (GUS) have recently showed.