Poland's growth will slow to 3 pct in 2021 - OECD

GDP growth in Poland will slow to 3 percent in 2021 from 3.8 percent in 2020 as inflation approaches 3 percent, the Organisation for Economic Co-operation and Development (OECD) said in the November edition of its Economic Outlook report. "Economic growth will remain robust, although decreasing to 3.8 percent in 2020 and 3 percent in 2021. Both private and public investment will decelerate, and low world trade growth will limit exports. Private consumption growth will decline gradually as the impact of new social transfers and tax cuts fade. Decreasing employment gains and the steady decline of the labour force will lead to a progressive reduction in the unemployment rate," the OECD wrote.