Read more

Poland’s economy increased in the second quarter, preliminary estimate from Statistics Poland showed on Friday.

Gross domestic product gained 1.9 percent sequentially in the second quarter, following a 1.3 percent growth in the first quarter. GDP had contracted 9.2 percent in the second quarter of 2020.

Economists had expected 2.1 percent growth in the second quarter.

On a year-on-year basis, GDP grew by an unadjusted 10.9 percent, after a 0.9 percent decline a quarter ago.

Seasonally adjusted GDP expanded 10.7 percent annually versus a 1.3 percent fall in the first quarter.


Please enter your comment!
Please enter your name here