FOREX TradingCharts.com

Financial News: Poland Growth More Than Doubles In Q1

Poland Growth More Than Doubles In Q1

05/15/2019 - 10:13:00 (RTTNews)

(RTTNews) - Poland's economic growth more than doubled in the first quarter of the year, flash estimates from Statistics Poland showed on Wednesday.

Gross domestic product grew a seasonally adjusted 1.4 percent from the fourth quarter of 2018, when the economy expanded 0.5 percent. In the third quarter, GDP rose 1.5 percent. On a year-on-year basis, GDP increased 4.6 percent in the first quarter, same as in the previous three months. The seasonally non-adjusted GDP rose 4.6 percent annually in the first quarter, after expanding 4.9 percent in the final three months of 2018. Economists had expected the growth rate to ease to 4.4 percent. The better-than-expected growth is likely due to net exports, ING economist Jakub Rybacki said.

"Current account data showed a strong downward revision to March imports, resulting in a better trade balance," the economist noted. "We expect the deceleration was caused mainly by the investments component, while private consumption maintained stable (4.2%YoY) growth."

Rybacki expects further slowing in the GDP annual growth rate to 4.3 percent in the second quarter, mainly due to weaker contribution of net exports.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


New Zealand Retail Sales Volume Gains 0.7% In Q1 (49 min(s), 41 sec(s) ago)
(RTTNews) - The total volume of retail sales in New Zealand was up a seasonally adjusted 0.7 perce ...Full Story»

Japan Has Y60.402 Billion Trade Surplus (01 hr(s), 08 min(s), 41 sec(s) ago)
(RTTNews) - Japan posted a merchandise trade surplus of 60.402 billion yen in April, the Ministry ...Full Story»

Japan Core Machine Orders Jump 3.8% In March (01 hr(s), 19 min(s), 41 sec(s) ago)
(RTTNews) - The total value of core machine orders in Japan was up a seasonally adjusted 3.8 perce ...Full Story»

Japan Trade Data Due On Wednesday (03 hr(s), 29 min(s), 41 sec(s) ago)
(RTTNews) - Japan is scheduled to release April figures for imports, exports and trade balance, hi ...Full Story»

Eurozone Consumer Confidence At 7-month High In May (11 hr(s), 02 min(s), 41 sec(s) ago)
(RTTNews) - Eurozone consumer confidence rose more-than-expected in May to its highest level in se ...Full Story»

U.S. Existing Home Sales Unexpectedly Dip 0.4% In April (11 hr(s), 11 min(s), 41 sec(s) ago)
(RTTNews) - Existing home sales in the U.S. unexpectedly showed a modest decrease in the month of ...Full Story»

Capital Economics: Pick-up In German Growth Only Likely On Demand Recovery (11 hr(s), 26 min(s), 41 sec(s) ago)
(RTTNews) - Recent production slowdown in the German economy was broad-based, extending beyond the ...Full Story»

OECD Trims Global Growth Outlook On Trade Disputes (12 hr(s), 36 min(s), 41 sec(s) ago)
(RTTNews) - The Organization for Economic Co-operation and Development lowered the 2019 global gro ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

New Zealand Retail Sales Volume Gains 0.7% In Q1

05/21/2019 - 20:43 PM (RTTNews)
(RTTNews) - The total volume of retail sales in New Zealand was up a seasonally adjusted 0.7 perce ...Full Story>>

Japan Has Y60.402 Billion Trade Surplus

05/21/2019 - 20:24 PM (RTTNews)
(RTTNews) - Japan posted a merchandise trade surplus of 60.402 billion yen in April, the Ministry ...Full Story>>

Japan Core Machine Orders Jump 3.8% In March

05/21/2019 - 20:13 PM (RTTNews)
(RTTNews) - The total value of core machine orders in Japan was up a seasonally adjusted 3.8 perce ...Full Story>>

Japan Trade Data Due On Wednesday

05/21/2019 - 18:03 PM (RTTNews)
(RTTNews) - Japan is scheduled to release April figures for imports, exports and trade balance, hi ...Full Story>>

Eurozone Consumer Confidence At 7-month High In May

05/21/2019 - 10:30 AM (RTTNews)
(RTTNews) - Eurozone consumer confidence rose more-than-expected in May to its highest level in se ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.