Polish Economic Growth Slowed as Euro Turmoil Hurts Exports

Poland’s economic growth slowed in the first quarter as euro-region turmoil hurt exports and fixed investments, weakening the case for central bank rate increases.

Gross domestic product expanded 3.5 percent from a year earlier, compared with a revised 4.3 percent increase in the previous three months, the Warsaw-based Central Statistics Office said today. The figure matched the median estimate of 33 economists in a Bloomberg survey. Output grew a seasonally adjusted 0.8 percent from the previous quarter.