Tuesday, August 16, 2016

Economic growth will be lower. Resort development gave new forecasts – Money.pl

3.5 percent – at this rate, analysts say the Ministry of Development, will develop the Polish economy this year. Earlier estimates indicated 3.8 percent GDP growth.

From the monthly data submitted by the Ministry that this year prices will fall by 0.5 percent, and industrial production sold will increase by 4 percent. The balance of foreign trade of Polish companies has been positive. In 2016, according to estimates, will reach 5 billion 600 million.

The Department of the development strategy of the Ministry estimates that in the first half of 2016 years GDP grew by 3.2 percent. Our economy is growing mainly thanks to domestic consumption.

The Ministry of Development also lowered the forecast of the unemployment rate at the end of this year to 8.9 percent. from 9.2 percent. expected a month ago. At the end of 2015. Unemployment rate was 9.8 percent. year-on-year.

According to the Central Statistical Office, the unemployment rate registered at the end of June 2016. it amounted to 8.8 per cent., which fell by 0.3 percentage points. compared to the previous month.

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