Poland: Economic Growth in 2013 above Expectations

PeopleOther ♦ Published: January 31, 2014; 10:12 ♦ (Vindobona)

GDP growth in Poland came at 1.6 percent year-on-year in 2013 which is 0.1 percent above expectations.

Poland: Economic Growth in 2013 above Expectations / Picture: © Wikimedia Commons / [Public Domain]

According to preliminary estimates by the Central Statistical Office (GUS), GDP growth in Poland came at 1.6 percent which exceeds previous forecasts that anticipated growth of 1.5 percent. However, investments declined 0.4 percent and domestic demand was down by 0.2 percent, GUS announced on Thursday.

Economists interviewed by Polish news agency PAP had expected investments to…