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Tough times ahead: economists

3rd January 2013
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Top Polish economists make predictions for 2013

Will Poland continue to do better than the rest of Europe?
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This year won’t be an easy one for the Polish economy, according to 13 well-known economists surveyed by Forbes.

Poland will still remain a green island (albeit in a lighter shade) when compared to the rest of Europe, which is in recession or stagnation. Twelve of the experts surveyed see GDP growth between 1 and 2 percent in the CEE's biggest economy this year. At the same time, six of them do not exclude the possibility of a recession, especially in the first half of the year.

Unemployment will hover between 12 percent and 15 percent, while inflation will not exceed 3 percent. All 13 economists feel that the Warsaw Stock Exchange will hold its own, with the WIG20 index going no lower than 1,500 points. The most optimistic foresee that the index may even clock in at 3,000 points.

Poland A.M.


From Warsaw Business Journal


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