Poland's economy grows 7 percent in first quarter

Poland's GDP grew by 7 percent in the first quarter, and will grow around 6 percent in the full year of 2007, the Polish economy ministry said in a report.

In the entire period, total consumption had the most significant effect on the economic growth, the report said. In addition investment outlays gained significantly.

According to the ministry's estimates, total consumption rose by 5 percent in the first quarter of 2006. In 2007 investments outlays are expected to increase by 21 percent and inflation is to stay at 2.1 percent.

Source: english.people.com.cn