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Poland: Economic Growth to Speed Up

Published: September 2, 2013; 12:56 · (Vindobona)

According to GUS, the Polish Central Statistical Office, GDP grew by 0.8 percent in the second quarter of 2013 on a year-on-year comparison basis, which is an increase of 0.3 percent from 0.5 percent in the first quarter of the year.

Poland: Economic Growth to Speed Up / Picture: © Flickr

According to Friday’s (August 30, 2013) report by GUS, the Polish GDP increased by 0.4 percent on a quarter-on-quarter basis and by 0.8 percent on a y/y basis in the second quarter of 2013. The economic recovery was based mainly on strong exports and to some degree also on private consumption and investments. Domestic demands dropped by 1.7 percentage points in the second quarter,…

This article includes a total of 266 words.

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