Poland's GDP growth seen down to 3.1pct y/y in Q2
August 7, 2014
Poland's GDP growth is expected to slow down to 3.1% year on year in Q2 from 3.4% in Q1, Economy Ministry analysts said in a monthly report.
At the same time, the analysts maintained their forecast for 3.3% growth in FY 2014.
Analysts expect inflation in 2014 to fall to 0.3%, significantly below the previous forecast of 1.2%.
Recent data have also inclined the analysts to trim the industrial output growth forecast for 2014 to 4.5% vs. previous forecast of 6.0%.