back to top

    Central bank’s head confirms the economy gradually slows down

    Current figures confirm a gradual slowing of Poland’s economy, the head of the Polish central bank said on Thursday.

    Adam Glapinski said the economic slowdown will be a global phenomenon, but noted that declining economic growth may help curb inflation.

     

    He added that the main reason for the slowdown was the war in Ukraine, but that Poland was also affected by an economic slump in Germany, Poland’s main trade partner.

     

    “Economic growth will fall, which will be a positive influence on inflation. All this together will cause inflation to decrease,” Glapinski said.

     

    More in section

    2,222FansLike
    359FollowersFollow
    1,164FollowersFollow