GDP grows in Q2

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Polish economy grows, but slightly slower than in Q1, Central Statistical Office (GUS) reports. According to Q2 results, GDP grew by 3.3 percent. This result is better than 3.2 percent predictions. Seasonally adjusted GDP rose by 0.6 percent in comparison with Q1.

“The role of an economic stimulator of Poland’s growth in H1 was taken by the domestic demand. DSA MG calculations suggest, that main reason for such situation is consumption raise by 2.5 percent, with dynamic stimulation of the investments (7.1 percent growth)” GUS informs.

According to BIEC Institute Poland’s GDP will grow by 3.2 percent this year. Furthermore, the predictions estimate 3.2 percent growth next year and 3.6 percent in 2016.

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