Bloomberg News

Chojna-Duch Says Polish 2012 GDP May Grow 3.5%, Dziennik Says

October 26, 2011

Oct. 26 (Bloomberg) -- Poland’s economy may expand at up to a 3.5 percent rate next year if all goes well, while growth may be less than 3 percent if there is a slowdown in Germany, the country’s main trading partner, Elzbieta Chojna-Duch of the central bank’s Monetary Policy Council said today in an interview in Dziennik Gazeta Prawna.

There is much evidence to suggest that Polish inflation will slow to the central bank’s target of 2.5 percent in six months, the newspaper quoted Chojna-Duch as saying. She added that a possible speculative attack on the zloty doesn’t worry her because speculators know the central bank may intervene to support the currency, Dziennik reported.

To contact the editor responsible for this story: David McQuaid at dmcquaid1@bloomberg.net


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