PMR Online access    |   tel. +48 12 340 51 00    |   E-mail: info@pmrcorporate.com
 


 

BNP Paribas upgrades growth outlook for Poland


2012-02-20



BNP Paribas has raised its forecasts of economic growth in Poland this year and next, following an upward revision of its outlook for the German economy. The French bank now expects GDP growth in Poland to be 2.4% in 2012, up from previously projected 1.6%, and 2.7% in 2013, up from 2.4%.

BNP Paribas also upgraded its forecast for Central Europe to 1.4% from 0.6% in 2012, and to 2.6% from 2.2% in 2013.

In its commentary the French bank says it expects both exports and domestic demand in Central Europe in 2012 to be stronger than it forecast three months ago, but that this year is still set to be difficult for the region. The main risk factors are the eurozone debt crisis and rising oil prices caused by tensions over Iran, which could restrict access to credit and eat into purchasing power.



Browse and search in our archive »


subscribe to PMR RSS NEWS channelsSubscribe to PMR RSS NEWS channels »




Free monthly e-letter containing latest news, analyses and business information on economic situation in Poland, Russia, Bulgaria, Czech Republic, Hungary, Romania, Slovakia, Ukraine, Kazakhstan.
Relevant news
 

Useful links         Privacy Policy
Copyright © 2018 PMR. All rights reserved.

PMR is a British-American company providing market information, advice and services to international businesses interested in Central and Eastern Europe as well as other emerging markets. PMR key areas of operation include business publications (through PMR Publications), consultancy (through PMR Consulting) and market research (through PMR Research). With over fourteen years of experience, high international standards in projects and publications, highly skilled multilingual staff and a wide network of co-operating research companies and market experts, PMR is one of the largest companies of its type in the region.