Polish GDP Expansion Ebbs, Keeps 3% Pace for Seventh Quarter
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Poland’s economy expanded at least 3 percent for a seventh quarter in April-June as record deflation and falling unemployment powered household spending. The pace of growth slowed from the first quarter.
Gross domestic product rose 3.3 percent from a year earlier, compared with 3.6 percent in the first three months, according to a flash estimate published by the Central Statistical Office on Friday. The median estimate of a Bloomberg survey of 30 analysts also called for 3.6 percent expansion in the second quarter. The zloty weakened on the news as Polish government bonds gained ground.