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Poland's 2019 GDP growth forecast raised to second highest in Europe

The Harmonised Index of Consumer Prices (HICP), an inflation gauge used by the European Central Bank, is expected to reach 2.1 percent in 2019 and 2.7 percent in 2020, up from the previously expected respective figures of 1.8 and 2.5 percent. Kalbar/TFN

"Private consumption is expected to strengthen in the second half of 2019 and in early 2020, as new fiscal transfers and tax cuts increase household disposable income, the European Commission said.

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