Poland’s GDP Growth to Top Eastern EU Peers, Commission Says - Bloomberg

Poland’s GDP Growth to Top Eastern EU Peers, Commission Says - Bloomberg:



"Poland’s economic growth will outperform the European Union’s largest post-communist members through next year as subdued inflation and an improving labor market bolster consumption, the European Commission said.



Gross domestic product will accelerate to 3.2 percent this year and 3.4 percent in 2015 from last year’s 1.6 percent, the Brussels-based commission said in its spring forecasts released today. The Czech and Hungarian economies are set to grow 2 percent and 2.3 percent this year, respectively, according to the report. The 2014 estimate for Poland is the third-fastest in the EU behind Latvia and Lithuania.




Poland is set to benefit from domestic demand picking up while public investment is rising, which will help offset threats related to the escalating conflict in neighboring Ukraine and a possible recession in Russia, according to the EU."



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