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Poland GDP Q3 2018

Poland: The economy continues to roar through Q3

According to preliminary data released by the Central Statistical Office on 14 November, the economy expanded an unadjusted 5.1% annually in Q3, matching Q2’s expansion and exceeding market analysts’ expectations. Although a breakdown by expenditure is not yet available, a strong expansion in retail sales, tight labor market conditions and moderate inflation all suggest that growth was driven once again by buoyant private consumption.

On a seasonally-adjusted quarter-on-quarter basis, growth accelerated from 1.1% in Q2 to 1.7%.

More comprehensive data will be released on 30 November.

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