The Polish economy expanded at a slower pace in the first quarter, data released by the country's statistical office showed Thursday.
Gross domestic product (GDP) grew 3.5 percent year-on-year in the first quarter, notably slower than the 4.3 percent growth recorded in the fourth quarter, which was revised down from 4.4 percent. The latest growth rate matched economists' expectations.
Private consumption expenditure advanced 2.1 percent year-on-year during the three-month period, while public consumption expenditure decreased 1.3 percent. Gross fixed capital formation was higher by 6.7 percent compared to the corresponding quarter a year earlier, data showed.
Sequentially, GDP expanded a seasonally adjusted 0.8 percent during the three-month period, slower than the 1 percent growth seen in the final three months of last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.