Poland GDP growth rises in Q2

Figures

Poland's economy increased in the second quarter, preliminary estimate from the Central Statistical Office (GUS) showed on Friday.

Gross domestic product (GDP) gained 1.9% sequentially in the second quarter, following a 1.3% growth in the first quarter. In the Q2, 2020, GDP had contracted 9.2%.

On a yearly basis, GDP grew by an unadjusted 10.9%, after a 0.9% decline a quarter ago. Seasonally adjusted GDP expanded 10.7% annually versus a 1.3% fall in the first quarter.

In a separate report the Warsaw-based statistics agency said, that Poland's consumer price index (CPI) rose 5.0% year-on-year in July, following a 4.4% increase in June, as estimated. On a month-on-month basis, consumer prices rose 0.4% in July, as estimated. 

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