Economic growth in 2022 will amount to nearly 5% y/y compared to over 5% predicted in the July projection of the central bank, believes the president of the National Bank of Poland (NBP) and the chairman of the Monetary Policy Council (MPC) Adam Glapiński.
“Next year is a situation where we have rapid economic growth in Poland, close to 5%, after this correction (in the new projection), which we are seeing now,” said Glapiński during the press conference following the MPC meeting yesterday.
He added that next year GDP growth will be “slightly lower” than it indicated in the previous projection – “not above 5%, but below”.
The central bank announced today that the November inflation projection of the NBP forecasts (with 50% probability) 4.9-5.8% in 2021 (as compared to 4.1-5.8% in the July 2021 projection), 3.8-5.9% in 2022 (compared to 4.2-6.5%) and 3.8-6.1% in 2023 (compared to 4.1-6.5%).
Source: ISBnews
