Poland skyline at golden hour

Poland GDP Q2 2018

Poland: Growth remains strong in Q2

The economy kept pace in the second quarter of 2018. According to preliminary data released by the Central Statistics Office on 14 August, the economy expanded 5.1% annually in Q2, broadly matching Q1’s 5.2% expansion and largely in line with market expectations.

Although a breakdown by components is not yet available, a strong expansion in retail sales recorded throughout the second quarter, together with tightening labor market conditions and moderate inflation, suggest that growth once again came on the back of buoyant private consumption. Moreover, robust readings for both industrial production and the manufacturing PMI in the quarter point to a healthy expansion in fixed investment.

On a seasonally-adjusted quarter-on-quarter basis, GDP growth decelerated from a 1.6% expansion in the first quarter to a 0.9% increase in Q2. More detailed data will be released on 31 August.

Poland GDP Forecast

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest