GUS reveals 3.8% growth in Q2, and a fall in unemployment of 0.1%

The economy grew at an annual rate of 3,8% in the second quarter of the year, reported the Main Statistical Office (GUS) Friday. The figure exceeded the expectations of most analysts thanks to a breakthrough in production that benefited from a lower interest rate. GUS Vice-President Janusz Witkowski said the economy would continue to expand at a similar rate in the third quarter. He also revealed that unemployment in August fell 0,1% to 17,6% or 3.099 million persons without work. (Parkiet, p. 7) M.K.