EC forecasts Polish GDP growth at 4.9 pct in '21, 5.2 pct in '22

The European Commission has estimated Polish GDP growth at 4.9 percent this year, 5.2 percent next year and 4.4 percent in 2023 in a forecast released on Thursday. The Commission said economic growth would remain strong in 2021-2023, citing increasing household income, a steady decline in the savings rate and support for personal income in the form of tax changes as factors that would probably increase private consumption in 2022 and, to a lesser extent, also in 2023.