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Polish Growth Slows More Than Forecast on Weak Demand

Poland’s economy slowed more than economists forecast in the third quarter as export gains failed to offset weaker consumer spending, boosting expectations for an interest-rate cut next week.

Gross domestic product climbed 1.4 percent from a year earlier, the slowest pace since the second quarter of 2009 and compared with a 2.3 percent increase in the previous three months, the Warsaw-based Central Statistics Office said today. Economists predicted a 1.8 percent increase, according to the median of 35 estimates in a Bloomberg survey. GDP rose a seasonally adjusted 0.4 percent from the previous quarter.