Polish Economic Growth Weakens in Q4

Poland’s GDP expanded a seasonally adjusted 0.6 percent in the fourth quarter of 2014, slowing from a 0.8 percent growth reported in the previous period, according to preliminary estimates.

Year-on-year, the economy grew 3 percent, down from revised 3.3 percent expansion reported in the third quarter.

In spite of the lower growth in the last quarter, the economic expansion for full 2014 almost doubled from 2013, supportedG by increased investment and consumer spending as falling prices boosted their buying power. GDP rose 3.3 percent from a year earlier, the fastest since 2011, after a revised 1.7 percent increase in 2013.

Central Statistical Office of Poland | anna@tradingeconomics.com
2/13/2015 9:13:24 AM