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Polish economy grew 5.2% in Q1 2018: statistics office

PR dla Zagranicy
Paweł Kononczuk 30.05.2018 11:20
The Polish economy grew 5.2 percent in the first quarter of this year, the country’s Central Statistical Office (GUS) said on Wednesday.
Photo: Pixabay.com/Arcaion/CC0 Creative CommonsPhoto: Pixabay.com/Arcaion/CC0 Creative Commons

The reading was slightly higher than the 5.1 percent flash estimate issued by the statistical office earlier this month.

Polish GDP grew 4.9 percent in the final quarter of 2017, according to the office.

The office said last month that the Polish economy grew 4.6 percent in 2017 as a whole.

According to Investment and Development Minister Jerzy Kwieciński, Poland is capable of maintaining economic growth of between 4 and 5 percent in the years ahead.

The European Commission earlier this month upgraded its forecast for Poland's 2018 GDP growth to 4.3 percent from a previous projection of 4.2 percent.

The World Bank in late April revised upward Poland's 2018 GDP growth forecast to 4.2 percent from a previous estimate of 4 percent.


Source: IAR

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