Poland Q2 GDP Growth Accelerates Less Than Forecast

Poland's economic growth improved at a slower-than-expected pace in the three months ended June, flash data from the Central Statistical Office showed Friday.

Gross domestic product advanced an unadjusted 3.1 percent year-over-year in the second quarter, below economists' expectations for a 3.3 percent rise.

However, it was slightly faster than the 3.0 percent increase in the first quarter.

On a seasonally basis, GDP also grew at a faster pace of 3.0 percent annually in the June quarter, following a 2.6 percent climb in the preceding quarter.

Quarter-on-quarter, the economy expanded 0.9 percent from the first quarter, when it contracted slightly by 0.1 percent.

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