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.
