Development Ministry estimates GDP growth at 3.8% in Q1

Poland's economic growth slowed down to 3.8 percent in Q1, compared with 4.3 percent in Q4 2015, the Ministry of Development said in an estimate. It expects the whole year's GDP growth forecast to stand at 3.8 percent. Private consumption increased by 3.3 percent and the ministry expects it will grow by 4 percent in 2016. The Central Statistical Office GUS will announce a GDP flash estimate on May 13.