Polish economy likely to expand over 4 percent in 2019, says ministerChristian Fernsby ▼ | October 19, 2019
The Polish economy is likely to grow by 4 to 4.5 percent in 2019, Polish Minister of Finance, Investment and Economic Development Jerzy Kwiecinski said.
Europe Jerzy Kwiecinski
Topics: Polish economy
According to GUS, industrial production grew by 5.6 percent in September 2019 compared to one year ago, and by 10.7 percent compared to August.
"This is a good growth rate, a good indicator. It confirms that we absolutely have chances to reach a higher growth rate than 4 percent this year. The GDP growth rate will be between 4 and 4.5 percent," Kwiecinski said.
The minister said that the International Monetary Fund had also predicted that Poland's growth rate this year would be between 3.8 and 4 percent.
"This indicates that we are effectively resisting the slowdown of the economy, which is knocking on the doors of the European Union," Kwiecinski added. ■