GDP growth seen at 3.5% this year – expert
16:13
Poland's gross domestic product may have grown at 3.1 percent year-on-year in the first quarter of this year, according to a statement from Paweł Durjasz, a member of the Prime Minister's Economic Council. Full-year growth in 2014 may amount to 3.5 percent, he said.
Data from the Central Statistical Office show that the lower industrial output growth recorded in July may be linked to weaker export growth, Durjasz wrote. Until May, less export to the east did not impact general results, thank to high sales to the euro zone, he added.
“On top of that, economic growth in Poland should be increasingly supported by domestic demand,” the economist also said.