The Polish economy will decelerate in 2023 but there will be no recession, a deputy finance minister has said.
Inflation in Poland will go down from January's 17.2 percent to single-digit levels later this year, Adam Glapiński, president of the National Bank of Poland (NBP) has said.
Poland will probably enjoy a small economic growth and thus avoid a recession this year, Mateusz Morawiecki, the Polish prime minister, has said.
Poland should avoid a recession in 2023, the governor of the National Bank of Poland (NBP) has said, citing the bank’s forecasts.
Poland's central bank, the National Bank of Poland (NBP), does not predict a recession in the country, but economic growth may fall to zero, the central bank governor has said.
Poland's central bank could be approaching the end of a rate-hiking cycle but may not be quite there yet, said Adam Glapiński, governor of the National Bank of Poland (NBP).
Poland's finance minister has said that the European Commission's summer forecasts indicate Poland's recession last year was one of the shallowest in the EU.
Large chains selling cosmetic and beauty products have managed to rebuff the worst of the pandemic recession, opening more stores and online platforms.
Poland has experienced one of the least damaging recessions in the European Union, the finance minister has claimed during a video conference of his European peers.
Polish economic growth fell by 3.4 percent in 2020, according to International Monetary Fund (IMF) estimates, one of the “least severe” contractions in the EU.
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