Poland GDP growth rises in Q2
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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