The economic slowdown across Poland is being driven mainly by domestic factors, claims BNP Paribas, which says that output is likely to lag in the near-term as inflationary pressure eases. “Our scenario is that Poland’s GDP will slow by the end of 2012, and at the end of 2013 it could fall from 2.4 percent to 1.6 percent. In 2014, the economy start to grow slowly,” writes the bank.
Its analysts predict the Polish exports could improve in 2013, but that the domestic market will weaken. “The current slowdown is driven down mainly by a decrease in the investment volume and in consumption.”
