Polish Economic Growth Boosted by Exports

BusinessEconomy ♦ Published: November 29, 2013; 15:04 ♦ (Vindobona)

Due to the growing exports, Poland´s GDP accelerated in the third quarter.

Polish Economic Growth Boosted by Exports / Picture: © Wikimedia Commons [CC0 1.0] / Pixabay [CC0 Creative Commons]

From July to September, Poland´s GDP growth accelerated for a third consecutive quarter. The upward trend is mainly fueled by growing exports and domestic consumption.

In the third quarter of 2013, year-on-year growth came at 1.8%. Exports were up by 6.4%, which is 3.2 percentage points higher than estimated. Private consumption was up by 1.0%. According to preliminary…