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Financial News: Poland's GDP Growth Eases In Q4

Poland's GDP Growth Eases In Q4

02/14/2020 - 04:37:00 (RTTNews)

(RTTNews) - Poland's economic growth eased notably in the fourth quarter, flash estimate from the statistical office showed on Friday.

Gross domestic product grew at a slower pace of 0.2 percent sequentially, following third quarter's 1.2 percent expansion. Nonetheless, economists had forecast a 0.1 percent fall.

On a yearly basis, economic growth eased to an unadjusted 3.1 percent from 3.9 percent in the previous quarter. At the same time, adjusted growth came in at 3.5 percent, down from 4 percent a quarter ago.

The statistical office is set to release revised data for the fourth quarter on February 28.

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