Poland GDP Growth Confirmed at 0.9% in Q3


The Polish economy expanded a seasonally adjusted 0.9 percent in the third quarter of 2014, better than 0.7 percent growth reported from April to June. The growth matched preliminary estimates and was boosted by rise in investment and consumption.

On a quarter-on-quarter seasonally adjusted basis, gross fixed capital formation rose 2.3 percent (1.3 percent in Q2) and individual consumption went up by 1 percent (0.9 percent in Q2). 

Imports grew 2.4 percent (0.5 percent in Q2) while exports expanded 1.2 percent ( 0.5 percent in Q2).

Public spending rose 0.6 percent, following a 1.5 percent increase in the previous quarter.

Year-on-year, the economy advanced 3.3 percent in the three months to September, unchanged from the preliminary estimate.

Central Statistical Office of Poland | Ricardo Martins | ricardo.martins@tradingeconomics.com
11/28/2014 1:14:16 PM