Polish economy grows 5.3% in Q2 2022: flash estimate

The Polish economy grew 5.3 percent in the second quarter of this year, the country’s statistics office said on Wednesday in a flash estimate.

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The figure was 0.7 percentage points lower than forecast by economists polled by state news agency PAP.

According to a quick estimate, non-seasonally adjusted gross domestic product (#GDP) grew by 5.3% (YoY) in real terms in Q2 2022.https://t.co/6VL4sFz70j#StatisticsPoland #statistics #GrossDomesticProduct #SpeedEstimate pic.twitter.com/GDy69eZYMW

— Statistics Poland (@StatPoland) August 17, 2022

Poland's gross domestic product expanded by 8.5 percent in the first quarter of 2022, according to the state-run Statistics Poland (GUS) agency.

The European Commission last month raised its forecast for Polish economic growth this year to 5.2 percent, from a previous projection of 3.7 percent.

The Polish statistics office is expected to report full second-quarter data on August 31.

(gs)

Source: PAP, IAR