9/01/2005

Poland reports low GDP growth in Q2

Polish gross domestic product grew 2.8 pct in the second quarter of the year, giving overall growth of 2.4 pct over the first half, the central statistical office GUS said.

'These data are similar to expectations. Investments were a little bit worse than forecast and amounted in the second quarter to 3.8 pct, while in the first quarter they rose 1 pct', Maciej Reluga, BZ WBK chief economist said to AFX agency.

In the first half of the year, investments in Poland increased 2.6 pct.

(Sources: GUS, AFX)

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