Finance Ministry sees Q1 GDP growth at 3%

Poland’s Ministry of Finance estimates that the country’s GDP grew by 3 percent year-on-year in the first quarter of 2014 compared to 2.7 percent y/y in Q4 2013, Ludwik Kotecki, the ministry’s chief economist, told the Polish Press Agency (PAP) on Tuesday.

 

The ministry expects full-year GDP growth to come in at 3.3 percent y/y in 2014.

 

Bank economists surveyed by PAP expect Q1 2014 GDP growth to be 3.1 percent.

 

Statistics office GUS is due to announce a flash estimate of Q1 GDP growth on Wednesday.