ADVERTISEMENT

Polish Economy Rebounds in Q1

Figures

Photo by ratmaner/Shutterstock.com

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%.

Prospects of Hungarian Feed Industry Favorable This Year Crops

Prospects of Hungarian Feed Industry Favorable This Year

Hungary Opposes Freeing up Further EUR 6.5 bln From EPF Int’l Relations

Hungary Opposes Freeing up Further EUR 6.5 bln From EPF

1st Primark Store in Hungary Opens Retail

1st Primark Store in Hungary Opens

New Textile Collection Celebrates Hungary's Furmint Grape Wi... Art

New Textile Collection Celebrates Hungary's Furmint Grape Wi...

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.