The National Bank of Poland forecasts that the country’s economy will begin growing at a faster pace in the second half of this year. However, GDP growth will remain below its potential until Q2 of 2014, the central bank said.

The NBP’s analysts said that the situation would improve in 2014-2015, provided that there is an improvement in the economic situation abroad. Growth will, however, be slower than in 2010-2011, they said.

The NBP’s main projection sees GDP growth at 1.3 percent in 2013, 2.6 percent in 2014 and 3.1 percent in 2015. It also sees consumer price index inflation at 1.6 percent in 2013 and 2014, and at 1.5 percent in 2015.

AS