Polish GDP Growth Slows in Q2

The Polish economy expanded 0.9 percent on quarter in the three months to June, easing from a 1 percent growth in the previous period, preliminary estimates showed.

The detailed data will be only available on August 28th, but it is expected that the quarterly growth was supported mainly by both domestic and foreign demand, according to the director at the statistics office. 

Year-on-year, the economy expanded at a slower 3.3 percent percent, following a 3.6 percent growth in the first quarter of 2015, but below market expectations. While industry and trade were the main contributors to the slowdown of  the annual economic growth, investments and consumption expanded, according to the same source.

8/14/2015 9:37:53 AM