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. Last Updated: 07/27/2016

Polish Expansion

WARSAW () -- Poland's economy will expand by 6.5 percent this year, driven by exports and investment, while inflation should slow in the second half to 22 percent for the whole of 1995, the Central Planning Ministry, or CUP, said on Thursday.

"We believe gross domestic product should grow by 6.5 percent this year, which is more than the 5 percent envisaged in the budget," CUP deputy head Jozef Zegar told a news conference, presenting the ministry's forecast for 1995.

The head of the CUP forecasts department said the drop in inflation from last year's 29.5 percent would be possible due to slower growth of food prices.