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Polish economy grew 4.9% in third quarter: stats office

PR dla Zagranicy
Paweł Kononczuk 30.11.2017 10:33
The Polish economy grew 4.9% in the third quarter, the country’s Central Statistical Office (GUS) said on Thursday.
Photo: geralt/pixabay.com/CC0 Creative CommonsPhoto: geralt/pixabay.com/CC0 Creative Commons

The reading was higher than the 4.7% figure announced in a flash estimate by the office earlier this month.

In mid-November, Poland’s central bank revised upwards its GDP growth forecast for the country, saying it expected the economy to expand 4.2% this year as a whole.

In its July forecast, the bank said it expected the economy to grow 4.0% this year.

Earlier this week, the OECD raised its 2017 GDP growth projection for Poland to 4.3 percent from 3.6 percent in a June forecast.

The Organisation for Economic Cooperation and Development, which brings together 35 developed countries, also raised its 2018 GDP growth forecast for Poland to 3.5 percent from 3.1 percent.

(pk/gs)

Source: IAR

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