WARSAW: Poland's central bank increased its inflation and economic growth forecasts for 2019 to 1.7-2.3 percent and 3.9-5.1 percent respectively, it said on Wednesday in its newest inflation projection.
The central bank publishes its inflation projections three times a year. In the previous one, published in March, it cut its 2019 inflation forecast due to smaller risks related to a potential rise in power prices.
The central bank also said on Wednesday that now it sees CPI at 1.9-3.7 percent next year and at 1.3-3.5 percent in 2021.
It expects gross domestic product (GDP) growth of 3.0-4.8 percent in 2020 and 2.4-4.3 percent in 2021.
Earlier on Wednesday, the bank left Poland's main interest rate unchanged at a record-low 1.5 percent.
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