Poland GDP Grows 3.5% In Q3; Inflation Eases As Estimated
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4 Articles
Poland GDP Grows 3.5% In Q3; Inflation Eases As Estimated
Poland's GDP advanced an unadjusted 3.5 percent yearly in the September quarter, slower than the 4.1 percent expansion in the June quarter. Compared to the previous quarter, GDP rose 0.8 percent in the third quarter versus 1.1 percent growth in the previous quarter. Consumer price inflation in Poland slowed to 3.5 percent in October from 4.1 percent in September, as estimated.
Poland's GDP grew by 3.5% in real terms in the third quarter, according to data from the Central Statistical Office (GUS) presented on November 13. Economists had expected a slightly higher figure.
The Polish economy's growth rate slowed to 3.5% in the past quarter, according to preliminary data from the Central Statistical Office (GUS). This is due to a combination of an unfavorable statistical base effect and lower consumption, which was hampered by high fuel prices.
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