Logo Polskiego Radia

Polish economy grew 4.7% in Q1 2019: stats office

PR dla Zagranicy
Grzegorz Siwicki 31.05.2019 10:05
The Polish economy grew 4.7 percent in the first quarter of this year, the country’s Central Statistical Office (GUS) said on Friday in a final estimate.
Image: geralt/pixabay.com/CC0 Creative Commons
Image: geralt/pixabay.com/CC0 Creative Commons

The reading was a notch above the 4.6 percent flash estimate released by the statistics office earlier this month.

Polish GDP grew 4.9 percent in the final quarter of last year and expanded by 5.1 percent in 2018 as a whole, according to the Central Statistical Office.

The Organisation for Economic Cooperation and Development (OECD) this month upgraded its forecast for Poland's 2019 GDP growth to 4.2 percent from a previous projection of 4.0 percent.

The European Commission earlier in May raised its forecasts for Polish GDP growth this year and next.

The Commission, the executive arm of the European Union, said it expected the Polish economy to expand 4.2 percent in 2019 as a whole, rather than the 3.5 percent it predicted in February.


Source: PAP

Copyright © Polskie Radio S.A About Us Contact Us