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Poland: economy to slow down in 2020
Due to weaker domestic demand, coronavirus
10 March, 12:35
(ANSA) - BELGRADE, 10 MAR - Economic growth in Poland will
slow down this year, according to forecasts of Erste Group
Research analysts.
"Weaker domestic demand as well as uncertainty related to spread of COVID-19 is to drag economic growth down to 2.2% in 2020," Erste said in a country update for Poland. According to Erste, inflation in February will rise slightly to 4.6% year on year, due to high food and services prices.
The European Commission in its latest forecasts said that Poland will grow 3.3% in 2020, with inflation rising to 2.7%. (ANSA).
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"Weaker domestic demand as well as uncertainty related to spread of COVID-19 is to drag economic growth down to 2.2% in 2020," Erste said in a country update for Poland. According to Erste, inflation in February will rise slightly to 4.6% year on year, due to high food and services prices.
The European Commission in its latest forecasts said that Poland will grow 3.3% in 2020, with inflation rising to 2.7%. (ANSA).
