Financial News: Poland Q2 GDP Growth Revised Higher; Inflation Rises

Poland Q2 GDP Growth Revised Higher; Inflation Rises To 14-month High

08/31/2026 - 06:01:00 (RTTNews)

(RTTNews) - The Polish economic growth improved more than initially estimated in the second quarter, the latest data from Statistics Poland showed on Monday.

Separate official data showed that flash consumer price inflation rose to more than a 1-year high in August.

Gross domestic product advanced an unadjusted 3.9 percent yearly in the June quarter, faster than the 3.5 percent expansion in the March quarter. In the flash estimate, the rate of expansion was 3.8 percent.

On a seasonally adjusted basis, the annual economic growth also accelerated to 3.8 percent from 3.5 percent.

The expenditure breakdown showed that household consumption expenditure advanced 2.8 percent, and government consumption was 1.7 percent higher. Gross fixed capital formation, or investments, grew sharply by 8.4 percent. Net exports also had a positive contribution of 0.5 percent.

Compared to the previous quarter, GDP rose 1.0 percent in the second quarter versus 0.6 percent growth in the previous quarter. That was slightly above the initial estimate of 0.9 percent.

Consumer price inflation rose to 3.4 percent in August from 3.0 percent in July. Further, this was the highest inflation rate since June 2025, when prices climbed 4.1 percent.

The upward trend in inflation was largely driven by a 24.2 percent surge in costs for fuels and lubricants for personal transport equipment. Utility costs grew 4.1 percent, while prices for food and non-alcoholic beverages were 0.9 percent less expensive.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Existing Home Sales Unexpectedly Rebound In September (03 hr(s), 55 min(s), 13 sec(s) ago)
(RTTNews) - Existing home sales in the U.S. unexpectedly increased in the month of September, acco ...Full Story»

IMF Raises Global Growth Outlook Despite Geopolitical Tensions (04 hr(s), 34 min(s), 13 sec(s) ago)
(RTTNews) - The International Monetary Fund upgraded its global growth outlook despite concerns ov ...Full Story»

Czech Inflation Confirmed At 2.5% (06 hr(s), 34 min(s), 13 sec(s) ago)
(RTTNews) - Czech inflation rose to a five-month high in September, as initially estimated, final ...Full Story»

UK Retail Sales Growth Eases: BRC (08 hr(s), 41 min(s), 13 sec(s) ago)
(RTTNews) - UK retail sales growth eased in September as households reduced spending amid concerns ...Full Story»

Ireland Construction Activity Growth Slows (09 hr(s), 16 min(s), 13 sec(s) ago)
(RTTNews) - Ireland's construction sector grew at a slower pace in September largely due to th ...Full Story»

German Inflation Confirmed At 3.3%; Strongest Since 2023 (10 hr(s), 18 min(s), 13 sec(s) ago)
(RTTNews) - Germany's inflation accelerated to the highest level since late 2023 in September ...Full Story»

Australia Business Confidence Weakens For Third Straight Month: NAB (12 hr(s), 39 min(s), 13 sec(s) ago)
(RTTNews) - Australia's business sentiment deteriorated for the third straight month in Septem ...Full Story»

Japan Producer Prices Sink 0.3% In September (46 min(s), 47 sec(s) ago)
(RTTNews) - Producer prices in Japan were down a seasonally adjusted 0.3 percent on month in Septe ...Full Story»