Rapid growth slows, but GDP continues to improve

"In Q1 we recorded a 7% growth of the GDP, while the figure stood at 6.4% in the first three months of last year," said Woźniak. In his opinion this was related to Poland's accession to the EU, which boosted exports and thus stimulated demand and investments. In the first quarter investments increased by 22%. In the following months the economy will be positively affected by growing consumption and investment demand, as well as favorable conditions in the construction sector and industry. According to the Economy Ministry GDP growth in 2008 will slow slightly and growth will stand at about 5.5%. (Rzeczpospolita, pp. B1, B2) M.M.