Poland: Growth picks up in Q1
May 16, 2017
Poland’s economy kicked into a higher gear in Q1, according to a flash estimate released by the Central Statistical Office of Poland on 16 May. GDP expanded 4.0% in Q1 over the same period of 2016. The result was above Q4’s 2.5% increase and overshot analysts’ expectations of 3.9% growth.
GDP components are not yet available but monthly indicators show buoyant performance across the board, with industrial production, retail sales and business sentiment reaching multi-year highs in Q1 and unemployment climbing down. More detailed data will be published on 31 May.