GDP up by 3.9% y/y

Poland's GDP (not seasonally adjusted) totaled 3.9 percent in the forth quarter of 2015, compared with an increase of 3.5 percent in the third quarter, the Central Statistical Office (GUS) reported. The data is slightly higher than experts' expected, as the market consensus stood at 3.8 percent. At the same time, seasonally adjusted GDP growth increased by 1.1 percent on a quaretly basis and was higher than than a year before by 3.6 percent.