Polish Economy Grows at Quickest in 2 Years on Loan Costs
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Poland’s economy grew at the fastest pace in two years in the first quarter as record-low borrowing costs stoked consumer spending and corporate investments.
Gross domestic product surged 3.4 percent from a year earlier last quarter, compared with 2.7 percent in the previous three months, according to a preliminary estimate published today by the Central Statistical Office in Warsaw. That exceeded the 3.3 percent preliminary estimate published May 14. GDP rose 1.1 percent from the previous quarter.