WARSAW: Poland’s GDP in Q2 2015 grew by 3.3% year on year and by 0.9% quarter on quarter, according to a flash estimate by Central Statistical Office (GUS). Economists surveyed by PAP Polish news agency estimated Q2 GDP growth at 3.6% y/y.
Poland’s Q2 GDP growth was built on domestic demand with weaker q/q contribution from net exports, Finance Ministry said in a comment to Q2 flash estimate. The Q1 2015 annual GDP growth figure was confirmed at 3.6% y/y and 1.0% q/q.
“The results of the Polish economy in H1 are a good starting point for full-year GDP growth,” the statement reads. “In this context, realization of the Finance Ministry’s official forecast for this year at 3.4% y/y does not seem threatened.”
