WARSAW: The Magdalena Polan, an economic institution in Poland, stated that the Polish GDP will increase by 3.5% in 2015. “Economic growth in Poland is of high quality. We expect it to reach 3.5% this year,” said Polan.
The institution further stated “a major life-blood of the economy is the increase of domestic demand, though exports are still important. At the same time, the decline of fuel and food prices and lower interest rates cause that Polish households and firms have more money to spend”.
Exports, which played the leading role in 2013 and 2014, resulted in higher salaries, lower household debt and an increase in investments, the institution also pointed out.
