Poland GDP growth rises in Q2

Figures

Photo by Feng Yu / Shutterstock.com

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. 

ADVERTISEMENT

Raiffeisen predicts 4.5% GDP growth for 2022 Analysis

Raiffeisen predicts 4.5% GDP growth for 2022

Márki-Zay tests positive for COVID-19 Elections

Márki-Zay tests positive for COVID-19

New partner announced at act Bán & Karika Attorneys at Law Appointments

New partner announced at act Bán & Karika Attorneys at Law

Most districts not planning mandatory vaccination at kinderg... City

Most districts not planning mandatory vaccination at kinderg...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.