Abstract : International rating agency Moody's has downgraded Poland's economic growth forecast for 2016 and 2017 to 2.8 percent and 2.9 percent from the earlier 3.1 percent and 3.0 percent respectively, according to a Moody's report released on Thursday.
WARSAW, Dec. 8 (Xinhua) -- International rating agency Moody's has downgraded Poland's economic growth forecast for 2016 and 2017 to 2.8 percent and 2.9 percent from the earlier 3.1 percent and 3.0 percent respectively, according to a Moody's report released on Thursday.
"Slower than expected quarterly growth raises the risk that the GDP growth for the whole year would fall below 3 percent in 2016. The dynamic for 2017 will also be lower," Moody's report said.
It added that the slowdown of global and regional growth, investments and trade also triggered the downgrade.
You have no permission, please apply to open itYou have no permission, please apply to open it.
A single purchase
This is paid content
Click below to buy
Buy a single article, unlock more content
Scan the QR code and push it to your mobile phone
You've accessed an article available only to subscribers
Keyword:
Poland-economy