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Inflation will not fall below 13 percent. Pessimistic forecast

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I am George Brown, author at Daily News Hack. I mostly cover economy news and I have been doing this for quite some time now. I have a lot of experience in this field and I'm always looking for new opportunities to learn more.

According to Konfederacja Leviatan, inflation will not fall below 13 percent next year. We should also expect a slight increase in GDP.

According to Konfederacja Leviatan, inflation will not fall below 13 percent next year. A clear slowdown in GDP dynamics should also be expected, which, according to the organization’s analysis, will not exceed 1% if funds from the National Reconstruction Plan are not released.

- Just a few months ago, they talked about the growth of the Polish economy in 2023 from 1.5 to 1.5 percent. to 2 percent Now there is more and more talk about a potential recession and a decline in GDP to 1%. next year. This pessimistic scenario may come true. Funds from KPO can be a lifesaver for the economy. Their acquisition can add about 1 point next year. percentage of domestic GDP, - estimated the economic expert of the Confederation of Leviata Mariusz Zielonka.

Decrease in demand

According to the expert, the economic situation in the Polish industry will worsen next year, which will be the result of a decrease in demand both in Poland and in the European Union.

“The problem will be the pragmatism of companies in 2021 and 2022. At that time, companies accumulated an unprecedented amount of inventory (they are conquering our GDP). Now the lack of production and new orders will result in high costs for the storage and transportation of these goods, the expert believes.

Ministry forecast

As Finance Minister Magdalena Rzeczkowska recently told Business Insider, fiscal projections for inflation (9.8 percent) and GDP (1.7 percent) were made over the summer. Today they may seem too optimistic.

“The year will not be easy. The war in Ukraine is probably not over yet, although we all want it to be. Just as we hope that we will no longer have to deal with so many external shocks. But no one can promise us this, and I cannot promise this to anyone.

Source: Wprost

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