GDP down 0.2% y/y and up 3.9% q/q in Q1 2023

Gross Domestic Product (GDP) in Poland decreased by 0.2% year-on-year in the first quarter of 2023, compared to a 2.3% year-on-year growth in the fourth quarter of 2022, according to the flash estimate by the Central Statistical Office (GUS). On a quarter-on-quarter basis, GDP increased by 3.9% in the first quarter. Economists surveyed by PAP Biznes had expected a 0.9% year-on-year decline in GDP for the first quarter of 2023. Full data on GDP for the first quarter will be released by GUS on May 31st.

Source: PAP Business