Q3 GDP growth should be at least 1.5%: central bank official
October 25, 2012
The vice president of Poland’s central bank said Wednesday he expects the country’s economy to grow at least 1.5% year on year in the third quarter and at least 1% next year.
"I don't think GDP will slow down to below 1.5% in Q3," Witold Kozinski told reporters. "Consumption, consumption demand is weakening, but trade, exports are holding strong."
He added: “In 2013, economic growth should not fall below 1%.”
But Pawel Durjasz, an economic advisor to the prime minister, said Poland's GDP growth rate may fall below 1% in Q4 and approach zero in Q1 2013.