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Poland's GDP will drop by 4.6 pct in 2020, EU forecasts

July 7th, 2020

The Polish economy will shrink by 4.6 percent in 2020 and will expand by 4.3 percent in 2021, as the HICP inflation declines to 2.7 percent in 2020 and edges up to 2.8 percent in 2021, the European Commission (EC) said in its Spring 2020 Economic Forecast. In May's forecast, the EC expected Poland's GDP decline at 4.3 percent in 2020 and see a 4.1-percent increase in 2021.


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