Poland Growth Slows In Q2 As Estimated
Poland's economic growth slowed in the second quarter, in line with the initial estimates, latest data from Statistics Poland showed on Friday.
Gross domestic product expanded 0.8 percent sequentially, slower than the 1.4 percent growth registered in the first quarter.
On a yearly basis, economic growth eased to 4.2 percent from 4.6 percent in the preceding period. The flash estimate was 4.1 percent.
On an unadjusted basis, GDP advanced 4.5 percent annually after 4.7 percent growth in the previous quarter. The flash estimate was 4.4 percent.
Growth in domestic demand and gross capital formation led the second quarter expansion, the agency said.
Reprinted from RTTNews,the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.