NBP’s vision for the economic development of Poland

In November, experts from NBP’s (Narodowy Bank Polski) Economic Institute presented their vision for the economic development of Poland, projecting inflation and GDP. In general the report shows that inflation and GDP will be lower than the figures forecast in July.

For 2014 the GDP will be at 3.2%, in 2015 it will go down to 3.0% and in 2016 the GDP will increase to 3.3%. As the GDP is low, inflation will remain relatively low as well, but by the end 2016 it will reach the targeted rate of 2.5%.