Polish Economy Rebounds in Q1
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Poland's economy expanded more than expected in the first quarter after contracting in the previous quarter, preliminary data from the Warsaw-based Central Statistical Office (GUS) showed on Tuesday.
Gross domestic product (GDP) advanced 3.9% sequentially in the first quarter, reversing a 2.3% fall in the final quarter of 2022.
The expected growth rate was 0.7%.
On a year-on-year basis, GDP showed no variations from the previous quarter, when it grew by 2.3%.
Seasonally unadjusted GDP decreased 0.2% annually versus a 2.3% increase in the fourth quarter.
Economists were looking for a decline of 0.8%.
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